China department store operator PARKSON Retail falls as CEO quits

Parkson Retail

01/02/2019 02:26

** Shares of PARKSON Retail Group Ltd  3368.HK  fall as much
as 12.2 pct to HK$0.65, after the China-focused department store
network operator says its chief executive officer resigned
    ** Shanghai-based company says Chong Sui Hiong quit as
executive director and CEO with effect from Feb. 1 due to his
other commitments. It does not elaborate  urn:newsml:reuters.com:*:nFWN1ZV0CB
    ** Co had in mid-December said its chief financial officer
Au Chen Sum resigned effective Jan. 1, 2019  urn:newsml:reuters.com:*:nFWN1YM0UD
    ** Parkson Retail has outperformed the Hang Seng Commerce &
Industry Index sector  .HSNC  by 25.3 percentage points in the
past one month
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
gains 0.3 pct, and the benchmark index  .HSI  edges up 0.1 pct

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)