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China Resources Vanguard, doing business as China Resources Vanguard Shop or Vanguard (simplified Chinese: 华润万家; traditional Chinese: 華潤萬家; pinyin: huá rùn wàn jiā; Jyutping: waa4 jeon6 maan6 gaa1), operates the supermarket chains of China Resources. It is the third-largest supermarket chain in Hong Kong.
The company's main business focus is the export of mainland Chinese products (including energy) to Hong Kong. Its retail operations are organised under the China Resources Retail group, and include Chinese Arts & Crafts; it also runs a number of supermarkets in Hong Kong, originally under the CRC name, but now rebranded as Vanguard.
On 18 August 2013, China Resources Enterprise's supermarket chain Vanguard and British supermarket Tesco signed a "memorandum of understanding", intending to set up a joint venture interest group in mainland China, Hong Kong and Macau, operating hypermarkets, supermarkets, convenience stores, liquor stores and cash and carry businesses.
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CR Vanguard (Subsidiary of China Resources Group) Jason's Food & Living/Jasons Ichiba (Subsidiary of DFI Retail Group) Guangnan KK; needs (Subsidiary of New World Department Store China) Walmart (American)
Vanguard posted a 19.4% year-on-year jump in revenue to T$11.55 billion ($352 million) and a 48.7% jump in gross profit to T$3.314 billion for the quarter ended Dec. 31. ($1 = 32.7840 Taiwan dollars)
Top-weighted countries include Taiwan, China and South Korea. 2024 YTD performance: 16.2%. Historical performance (annual over 5 years): 9.1% ... and the Vanguard FTSE Emerging Market ETF has an ...
China Resources Vanguard; H. Hong Kong traditional store This page was last edited on 11 October 2017, at 17:17 (UTC). Text is available under the Creative Commons ...