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
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result