Chinese retailer Suning.com says shareholders plan to sell up to 25% stake

Chinese retailer Suning.com says shareholders plan to sell up to 25% stake

Customers look at products in the hall of a Suning Appliance shop in Beijing December 8, 2011. REUTERS/Stringer/File Photo

Chinese retailer Suning.com said on Thursday shareholders plan to sell 20% to 25% of the company to unnamed buyers which might lead to a change in control as its parent seeks to raise cash.