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Chinese retail giant Wumei plans three-in-one mega listing in Hong Kong
Wumei Technology Group, one of China’s biggest retailers, is preparing to list its supermarket chains Wumart Stores and Metro China as well as its digital supply chain as one entity in Hong Kong this year, The Paper reported today, citing an informed source.
The Beijing-based conglomerate operates Wumart Stores, which runs the biggest supermarket chain in northern China, and the China operations of home improvement chain B&Q. Last month Wumei took control of German wholesale chain Metro’s China division.
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