The Suning Commerce Group are already seeing benefits of investment in Inter. The group, worth $16 billion have saw their share prices rise up 6.24% to 11.75¥ (yuan) equivalent to 1.60€ on the Shenzen Stock Market.
SCG share price rises 6.24% as a result of Inter takeover
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It’s not true.their share prices rise because Alibaba become second shareholder of suning with 28,200,000,000 RMB
I agree. Acquirers share price never rises
Alibaba invested in Sunning in 2015 though, how the price rises this week?