Suning Universal Co Ltd
SZSE:000718
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Suning Universal Co Ltd's latest stock split occurred on Jul 16, 2015
The company executed a 13-for-10 stock split, meaning that for every 10 shares held, investors received 13 new shares.
Before the split, Suning Universal Co Ltd traded at 12.9399 per share. Afterward, the share price was about 7.7564.
The adjusted shares began trading on Jul 16, 2015. This was Suning Universal Co Ltd's 6th stock split, following the previous one in Jul 5, 2011.
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Suning Universal Co Ltd
Glance View
Suning Universal Co Ltd, a prominent player in China's real estate landscape, weaves its story through the towering urban jungles and sprawling residential complexes that define modern Chinese cities. Founded in Nanjing, this company strategically plants its flag in the burgeoning metropolises, focusing on the development, sale, and management of residential and commercial properties. Suning Universal distinguishes itself by blending architectural innovation with urban functionality, ensuring its projects not only cater to the aesthetic aspirations of its clientele but also meet the practical demands of everyday life. The company’s business model orbits around acquiring prime real estate plots, meticulously crafting them into high-value properties, and subsequently selling these to an increasing urban population in need of contemporary living spaces. Beyond the concrete and steel constructs, Suning Universal's financial engine is fueled by its deft navigation of real estate cycles and strategic diversification. The company has keenly expanded its portfolio to include hospitality ventures, managing luxury hotels that cater to both international visitors and local elites, thereby adding a recurring revenue stream. Furthermore, Suning embraces a holistic approach by offering property management services, ensuring a sustained engagement with clients beyond the point of sale. This dual focus on development and management allows the company to capitalize on China's relentless urbanization while reinforcing its reputation and brand recognition in a competitive market. Through astute financial management and strategic foresight, Suning Universal continues to fortify its stature as a formidable force in the Chinese real estate spectrum.
2695
1961
HYT
1436
334A