Is Shenzhen Pagoda still a top banana in China’s massive fruit market?
The leading fruit seller returned to profitability and revenue growth in the first half of this year, as its chairman declared 2026 a ’year of rebirth’ Key Takeaways: Shenzhen Pagoda…
Spoiled ending for Hongjiu, as Hong Kong delists former fruit highflyer
With founder Deng Hongjiu in jail on suspicion of accounting fraud, the company’s worthless shares have been booted from the Hong Kong Stock Exchange Key Takeaways: Three years after its…
Pagoda finds fruit in share placement as weak business weighs
Not long after reporting bleak midyear results, the fruit seller raised $42 million in fresh funds by selling new stock at a steep discount Key Takeaways: Pagoda Industrial has raised…
BRIEF: Tech stocks shine in Hang Seng Composite review, consumer and pharma lag
Hong Kong’s benchmark Hang Seng Index (HSI) remained unchanged at 83 constituents in the compiler’s latest adjustments, while the Hang Seng Composite Index’s (HSCI) constituents dropped from 517 to 505…
BRIEF: Pagoda forecasts up to $54.8 million loss last year
Fruit retailer Shenzhen Pagoda Industrial Group Co. Ltd. (2411.HK) warned on Monday that it lost between 350 million yuan ($48.6 million) and 400 million yuan last year, reversing a profit…
BRIEF: Pagoda invests 400 million yuan in wealth management products
Fruit seller Shenzhen Pagoda Industrial Group Co. Ltd. (2411.HK) announced on Wednesday that it invested 400 million yuan ($56 million) in two wealth management products. One was a structured deposit…
Its 10-year plan dying on the vine, what went wrong at Pagoda?
The fruit giant’s shares have crashed this year as it and its food and beverage peers get shunned by China’s increasingly frugal consumers Key Takeaways: Pagoda’s profit for the first…
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