date:Dec 17, 2013
International, a global research company. Sales are forecast to rise 25 percent by 2015. Yet the sector remains highly fragmented, with no supermarket chain capturing more than 5 percent of the countrys market.
Shares in Wumart fell on news that the deal was scrapped, and were down 5.8 percent at the noon trading break in Hong Kong. Shares in C.P. Lotus were down 3.8 percent.