Caught in a payment jam, Hongjiu Fruit issues more shares
The leading Chinese distributor of high-end fruit has been forced to raise more capital to help bridge a gap between incoming payments and outgoings Key Takeaways: In the first half…
Will Pagoda’s ambitious 10-year plan bear fruit, or is it destined to wither on the vine?
China’s leading fruit seller has announced a plan to become king of the global fruit industry over the next decade Key Takeaways: Pagoda has unveiled an ambitious plan to boost…
FAST NEWS: Hongjiu Fruit’s profit jumps on strong sales
The latest: Fruit distributor Chongqing Hongjiu Fruit Co. Ltd. (6689.HK) announced Monday its revenue rose 26.4% year-on-year to 13.43 billion yuan ($1.84 billion) in the first three quarters of 2023, while its net profit…
FAST NEWS: Hongjiu Fruit’s revenue jumps as China’s economy picks up
The latest: Fruit distributor Chongqing Hongjiu Fruit Co. Ltd. (6689.HK) announced Monday its revenue rose 50.3% year-on-year to 4.33 billion yuan ($627 million) in the first quarter, as it captured opportunities with the recovery…
FAST NEWS: Hongjiu Fruit raises $73 million in new non-listed share placement
The latest: Recently listed fruit seller Chongqing Hongjiu Fruit Co. Ltd. (6689.HK) announced Tuesday it will issue up to 30.48 million domestic unlisted ordinary shares to four Chinese investors, representing about…
FAST NEWS: Hongjiu Fruit’s profit surges despite Covid disruptions
The latest: Fruit distributor Chongqing Hongjiu Fruit Co. Ltd. (6689.HK) announced Monday its revenue rose 46.7% to 15.08 billion yuan ($2.19 billion) last year, with its non-GAAP net profit up…
FAST NEWS: No Juice for Fruit Giant Hongjiu on Hong Kong Trading Debut
The latest: Chongqing Hongjiu Fruit Co. Ltd. (6689.HK), one of China’s three fresh fruit giants, made a subdued debut in its first day of trade on Monday. The company's public…
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