Best World shares sag after CLSA flags challenges in China
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BEST World shares fell 5.91 per cent on Tuesday after CLSA wrote in a report that consumer interest for the group's flagship skincare brand in China trails its strong sales revenue.
They closed 13 cents lower at S$2.07, with 5.6 million shares changing hands.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute