Maoye International Holdings Limited (0848.HK) Stock
Maoye International Holdings Limited, an investment holding entity, primarily focuses on the operation and management of department stores throughout the People's Republic of China. The company's operations are divided into three core segments: Department Store Operations, Property Development, and Others.
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About Maoye International Holdings Limited
Maoye International Holdings Limited, an investment holding entity, primarily focuses on the operation and management of department stores throughout the People's Republic of China. The company's operations are divided into three core segments: Department Store Operations, Property Development, and Others. Within the Department Store Operations segment, the company engages in concessionaire sales, the direct sale of merchandise, and the leasing of commercial properties to third parties for their department store ventures. The Property Development division is responsible for developing and selling both commercial and residential properties, as well as leasing commercial spaces for purposes other than department stores. The Others segment mainly involves operating hotels and providing various ancillary services. Furthermore, Maoye International Holdings Limited also runs supermarket chain stores and delivers property management and advertising services. As of December 31, 2021, the company managed and operated a total of 48 stores. Founded in 2007, its corporate headquarters are situated in Shenzhen, People's Republic of China.
Maoye International Holdings Limited is led by CEO Mao Ru Huang, employs 2,593 people, headquartered in Shenzhen, CN, publicly traded since 2008.
over the past 52 weeks the stock has ranged between $0.09 and $0.15, and currently trades 33.3% below its 52-week high.
Official website: www.maoye.cn