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Sun Art Retail Group

CHINA: Profits jump at Sun Art Retail

CHINA: Profits jump at Sun Art Retail

Sun Art Retail Group, the Chinese retailer, saw its profits climb more than 15% in 2013 as new stores boosted sales and the company's buying negotiations helped margins.

HONG KONG: “First-round bids” tabled for ParknShop

The first-round bids have reportedly been made for Hong Kong supermarket chain ParknShop - with regional retailers and private-equity firms said to have tabled offers. Reuters and The Wall Street Journal said China…