Gome Electrical Appliance Holdings Ltd<0493>, a major home appliance retail enterprise in China, announced on Wednesday that it booked a net profit of RMB 965 million in the first three quarters of this year.The figure reflects a decline of 39.42% compared with the same period of last year, according to the...
U.S.-based financial holding company JPMorgan Chase & Co on Nov. 3 increased its shareholding in Gome Electrical Appliances Holdings Ltd<0493> to 10.04% from the previous 9.95%, after buying 13.96 million shares of the Chinese company at HK$2.34 apiece, according to the bourse operator Hong Kong...
U.S. investment bank Morgan Stanley has raised its stake in Gome Electrical Appliances Holding Ltd<0493> to 6.02%, according to information from the Hong Kong Exchanges and Clearing (HKEx)<0388>.Statistics from the bourse operator showed that Morgan Stanley bought 10.41 million shares in...
Chen Xiao, chairman of Gome Electrical Appliances Holdings Ltd<0493>, recently cut his shareholding in the company to 1.47% from the previous 1.94%, according to the according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from HKEx showed that Chen on Oct. 20 sold 71 million...
T. Rowe Price Associates Group, Inc, a U.S.-based financial services holding company, on Jun. 26 cut its shareholding in China's Gome Electrical Appliances Holding Ltd<0493> to 5.95% from the previous 6.22%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>....
-- Wei Gu is a Reuters columnist. The opinions expressed are her own -- HONG KONG, June 23 - Bain Capital seems to have struck a very lucrative deal with GOME if the jump in...
U.S-based private equity giant Bain Capital LLC will invest about HK$3.2 billion in Gome Electrical Appliance Holdings Ltd<0493>, a major home appliance retail enterprise in China, Gome said on Monday, Reuters reported.Gome will sell Bain Capital HK$1.8 billion worth of seven-year convertible...
HONG KONG, June 22 - GOME Electrical Appliances <0493.HK>, a top China electronics retailer, said on Monday it planned to raise not less than HK$3.24 billion (US$418 million) by issuing convertible bonds to Bain Capital...
Gome Electrical Appliance Holdings Ltd<0493>, a major home appliance retail enterprise in China, has reportedly decided to allow U.S.-based private equity giant Bain Capital LLC to buy an 18% stake in the Chinese firm, a person close to the deal revealed.The person said that Gome's 11 board directors...
Gome Electrical Appliance Holdings Ltd<0493>, a major home appliance retail enterprise in China, is in exclusive talks with U.S-based private equity giant Bain Capital LLC about a 20% stake sale, Reuters reported on Wednesday.Two sources told Reuters that GOME's management team on Monday...