date:Oct 18, 2013
anies' resources will enhance their efficiency.
Some financial analysts in Hong Kong said that the deal doesn't reflect a bearish outlook by C.P. Lotus toward the Chinese grocery retail market.
C.P. Lotus is a small grocery retailer in the country. With such a small business network, it is difficult to compete and earn a substantial profit from the supermarket business, Tengard Fund Management Investment Manager Patrick Shum said. As the profit potential is small, it is natural for C.P. Lotus