I shop there quite abit whenever I'm in China. Not vested. From DB:-
* Lianhua Supermarket -
Dec SSS growth update - (Hold, 0980.HK, HK$9.57): After an update with Lianhua management, we estimate that sss growth for Dec was flat at c. 1% yoy.
This is compared to mid single digit in Oct/Nov. We believe this might be partly due to Chinese consumers holding up their budget for Spring festival.
Consumers are expected to start shopping for this big festival one week or so prior to the festival.