Lianhua Supermarket, China’s biggest retailer by store numbers, saw its shares rise to a two-month high in Hong Kong trade on Monday before they were halted. Photo: Reuters

Alibaba buys 201.5 million shares in Lianhua Supermarket to become second-largest shareholder

Lianhua Supermarket shares halted from trade in Hong Kong after surging 22 pc to HK$3.83 on Alibaba tie up

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Lianhua Supermarket, China’s biggest retailer by store numbers, saw its shares rise to a two-month high in Hong Kong trade on Monday before they were halted. Photo: Reuters
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