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Guolian’s share price almost doubles after Hema tie-up

The market capitalization of Zhanjiang Guolian Aquatic Products hit CNY 8.17bn after the company announced a strategic partnership with Alibaba Group's Hema

By Lewis Hu | Jan. 18, 2022 10:19 GMT
A Hema employee at a store in Shanghai. Credit: Louis Harkell / Undercurrent News
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The market capitalization of one of China's largest seafood companies, Zhanjiang Guolian Aquatic Products, has almost doubled to CNY 8.17 billion ($1.28bn) after the company announced a strategic partnership with Alibaba Group's Hema. [...]

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