Suning Tesco Net Loss Exceeds Its Market Cap

iFeng: 市值360亿巨亏超400亿！昔日巨头这是咋了？交易所火速发函

Uusally when I see news like this, the chart will be a bad short candidate, either because losses have already piled up or it is actually nearing a bottom and this was the final bad news. in this case, 002024 looks like a great short. The key will be taking out the low. Were it to reverse above the horizontal it would become a bounce play.