董事会认为，建议出售事项有助于减轻出售集团对集团造成的财务负担。鉴于出售集团连续多年录得亏 损并处于净负债状态，董事会认为，建议出售事项将释放集团塬本需投放于出售集团的流动资金，从而 使资源能够更有效率地分配至本集团其余业务，即烟草香精业务。 据悉，出售公司透过其多间于英属处女群岛及香港註册成立的直接及间接全资附属公司(其主要业务为 投资控股)持有九间于中国成立的附属公司的全部股权。该等于中国成立的附属公司主要于中国北京从 事提供财务担保、贷款融资、小额贷款、贷款转介及谘询服务，且于北京持有融资担保业务许可证及贷 款融资业务许可证。然而，由于出售集团的业务受到中国经济及营商环境的不利影响，其于北京的贷款 融资业务已完全停止，出售集团自2024年起一直暂无营业。 大中华金融(00431)公布，于2026年2月27日，该公司拟向妥光雄先生出售和锋有限公司全部已发行股 本，代价为1.00港元。 ...

格隆汇2月27日丨大中华金融(00431.HK)宣布，于2026年2月27日，公司与买方订立出售协议，据此，公 司已有条件同意出售及买方妥光雄已有条件同意收购销售股份，代价为1.00港元。 董事会认为，建议出售事项有助于减轻出售集团对集团造成的财务负担。鉴于出售集团连续多年录得亏 损并处于净负债状态，董事会认为，建议出售事项将释放集团原本需投放于出售集团的流动资金，从而 使资源能够更有效率地分配至集团其余业务，即烟草香精业务。 过去几年集团的贷款融资业务表现受到中国经济及营商环境的不利影响。集团自2019年起就贷款融资业 务录得亏损。疫情对借款人财务状况及信用水平的持续影响，已对客户的收入水平造成冲击，并限制了 其还款能力。因此，公司录得贷款及利息还款违约大幅增加，导致信贷风险显着上升。 为尽量减少亏损，集团(包括出售集团)自2023年起已暂停向新借款人提供新增贷款及财务转介服务，并 专注于向客户收回尚未偿还的贷款及应收利息。于2024年，北京的贷款融资业务已完全停止。出售集团 持续录得亏损，并处於高负债水平及净负债状态。鉴于出售集团已不再产生收入，且对未来业务前景并 无明确计划，同时其一直依赖集团提供资金支 ...

智通财经APP讯，大中华金融(00431)公布，于2026年2月27日，该公司拟向妥光雄先生出售和锋有限公 司全部已发行股本，代价为1.00港元。 董事会认为，建议出售事项有助于减轻出售集团对集团造成的财务负担。鉴于出售集团连续多年录得亏 损并处于净负债状态，董事会认为，建议出售事项将释放集团塬本需投放于出售集团的流动资金，从而 使资源能够更有效率地分配至本集团其余业务，即烟草香精业务。 据悉，出售公司透过其多间于英属处女群岛及香港註册成立的直接及间接全资附属公司(其主要业务为 投资控股)持有九间于中国成立的附属公司的全部股权。该等于中国成立的附属公司主要于中国北京从 事提供财务担保、贷款融资、小额贷款、贷款转介及谘询服务，且于北京持有融资担保业务许可证及贷 款融资业务许可证。然而，由于出售集团的业务受到中国经济及营商环境的不利影响，其于北京的贷款 融资业务已完全停止，出售集团自2024年起一直暂无营业。 ...

Core Viewpoint - Citigroup's board has approved the sale of its remaining business in Russia, AO Citibank, to Renaissance Capital, resulting in a pre-tax loss of approximately $1.2 billion for the current quarter [1][3]. Group 1: Transaction Details - The transaction is expected to be signed and completed in the first half of 2026, as per Citigroup's filing with the SEC [1][3]. - The losses associated with the sale may vary further due to foreign exchange fluctuations [4]. Group 2: Business Strategy - Starting from the fourth quarter of 2025, Citigroup will classify its remaining business in Russia as "held for sale" [5]. - Last month, the Russian government approved Renaissance Capital's acquisition of Citigroup's operations in Russia [6]. - In August 2022, Citigroup announced its ongoing efforts to reduce its consumer banking and local commercial banking operations in Russia to mitigate business risks [6].

Core Viewpoint - Chevalier International (00025) plans to sell its automotive agency business in Canada, along with related assets and properties, due to significant losses in recent fiscal years and challenges in the Canadian automotive market [1][2]. Group 1: Business Overview - The business involves the sale and leasing of new and used OEM vehicles, providing maintenance and repair services for OEM vehicles, selling OEM vehicle parts, and operating suitable automotive auxiliary equipment [1]. - The Canadian automotive industry has faced major challenges, including rising interest rates and increased costs of new vehicles, which have suppressed consumer purchasing intentions [1]. Group 2: Financial Performance - The business has incurred net losses before and after tax in the past two fiscal years, exacerbated by the global trade war [1]. - The board decided to exit the automotive agency market in Canada due to the increasing trend of market consolidation and the absence of any committed purchase offers [1]. Group 3: Sale Details - The buyer, a group already engaged in automotive agency business in Ontario, expressed interest in continuing operations at the relevant properties [2]. - The board views this sale as a strategic opportunity to bundle the business with its related assets and properties to reduce losses and realize the investment value of the properties [2]. - Upon completion of the sale, the company will cease operations of this business in Canada [3].

Group 1 - Chevalier International (00025.HK) announced an asset purchase agreement with 1001343586 Ontario Inc. and 1001329259 Ontario Inc. to sell its automotive business along with related assets and properties by November 12, 2025 [1] - The assets being sold include unsold new and used cars, display vehicles, parts, tires, gasoline, semi-finished products, prepaid expenses, fixed assets, business contracts, records, licenses, domains, faxes, and business names [1] - The company's main business focuses on investment holding, while the group is involved in construction and mechanical engineering, property investment, property development and operation, healthcare investment, automotive agency, insurance, and other investments [1] Group 2 - The Canadian automotive industry has faced significant challenges in recent years, including rising interest rates and increased new car costs, which have suppressed consumer purchasing intent [2] - The automotive business recorded net losses before and after tax for the past two fiscal years, exacerbated by the global trade war [2] - The board decided to exit the automotive agency market due to increasing consolidation in the Canadian automotive retail market and initiated the sale of the business after not receiving any committed purchase offers, ultimately leading to the decision to close the business to mitigate further losses [2] - The buyer, an existing automotive agency group in Ontario, expressed interest in continuing operations at the related properties, which the board views as a strategic opportunity to reduce losses and realize the investment value of the related properties [2]

Core Viewpoint - Starbucks is receiving strong interest from multiple high-quality partners regarding the potential sale of its stake in the China business, while the company plans to retain significant ownership and remains confident in the long-term growth potential of the region [1][2]. Group 1: Business Developments - Starbucks is focused on finding suitable partners to unlock future growth potential in China, emphasizing the value of future investments, retained equity, and royalty payments in any potential deal [1]. - Reports indicate that several investment firms, including Hillhouse Capital and Carlyle Group, have shown interest in acquiring Starbucks' China operations, with the sale process in the final negotiation stage [2]. Group 2: Financial Performance - For Q4 of fiscal year 2025, Starbucks reported total net revenue of $9.569 billion, a year-over-year increase of 5.5%, surpassing market expectations; however, operating profit fell by 78.7% to $278 million, and net profit dropped by 85.4% to $133 million [4]. - In the Chinese market, Starbucks achieved Q4 revenue of $831.6 million, a 6% year-over-year increase, marking four consecutive quarters of growth; the full fiscal year revenue reached $3.105 billion, up 5% [4]. - Same-store sales in China grew by 2% year-over-year in Q4, with transaction volume increasing by 9%, and the store operating profit margin remained in double digits [4]. Group 3: Market Strategy - Starbucks China introduced a new summer pricing strategy for various beverages, reducing average prices by approximately 5 yuan, with the lowest price dropping to 23 yuan, aimed at expanding its non-coffee beverage market rather than engaging in a price war [5]. - Management highlighted that regions including China, Japan, the UK, and Mexico contributed to strong sales performance in Q4, with China continuing to grow and enhance profitability [6].

Core Viewpoint - Chevalier International (00025) has decided to exit the Honda automobile agency market in Canada due to significant challenges in the automotive industry and declining profit margins, and is seeking potential buyers for this business [1] Group 1: Company Actions - The asset purchase agreement's conditions have been fulfilled, and the settlement was finalized on September 26, 2025 [1] - The board has recognized the strong trend of consolidation in the Canadian automotive retail market and has decided to bundle the Honda agency business with related properties for sale to an independent third party [1] - The buyer, a group already engaged in various automotive agency businesses, has shown strong interest in continuing the Honda agency operations at the properties [1] Group 2: Market Context - The Canadian automotive industry has faced significant challenges, leading to a continuous decline in the profit margins of the Honda agency business [1] - The value of the Honda agency business, defined as goodwill in the announcement, is relatively low due to shrinking profit margins, with the sale price primarily based on the value of the properties [1] - The pricing was determined considering past market valuations and the macroeconomic trends in Ontario and Canada [1]

Core Viewpoint - The company has agreed to sell its entire equity interest in Toy Kingdom Hong Kong Limited, which holds all the rights to the toy retail business, to Glens Hill Limited, indicating a strategic shift away from the toy retail sector [1][2]. Group 1: Sale Agreement - The sale agreement is set to be completed by September 29, 2025, after which the company will no longer have any interest in the toy retail business [1]. - The decision to sell is part of the company's broader strategy to focus on its core footwear retail and wholesale business, particularly enhancing its online sales channels [2]. Group 2: Financial Impact - The toy retail business has contributed less than 6% to the company's revenue annually from 2020 to 2024, indicating its limited importance to overall financial performance [2]. - The toy retail segment has been operating at a loss in 2021 and 2022, with profitability fluctuating around the breakeven point in 2023 and 2024, contributing minimally to the company's profits [2]. - The sale is expected to alleviate the financial burden related to the net liabilities of the target group by approximately RMB 6.5 million, thereby improving the company's overall financial condition [2].

Core Viewpoint - The company has agreed to sell its entire equity interest in Toy Kingdom Hong Kong Limited, which holds all of the group's toy retail business, to Glens Hill Limited, indicating a strategic shift away from the toy retail sector [1][2]. Group 1: Sale Agreement - The sale agreement with Glens Hill Limited is set to be completed by September 29, 2025, after which the company will no longer have any interest in the toy retail business [1]. - The decision to sell is part of the company's broader strategy to focus on its core footwear retail and wholesale business, particularly enhancing its online sales channels [2]. Group 2: Financial Impact - The toy retail business has contributed less than 6% to the group's revenue annually from 2020 to 2024, indicating its limited importance to overall financial performance [2]. - The toy retail segment experienced losses in 2021 and 2022, with 2023 and 2024 profits fluctuating around the breakeven point, contributing minimally to the group's profits [2]. - The sale is expected to alleviate the financial burden associated with the group's net liabilities by approximately RMB 6.5 million, thereby improving the overall financial condition of the company [2].