China New Consumption Group (08275.HK) acquires at least 51% of the shares of four Tea Bar Coconut stores.

Zhitong Finance and Economics APP News, China New Consumption Group (08275.HK) announced that the group has entered into a purchase agreement, involving the acquisition of at least 51% of the shares of four Cha Da Coconut stores located in Sheung Wan, Tseung Kwan O, Tsim Sha Tsui, and Tsuen Wan. In the rapidly changing beverage market, the mission of the group is to increase market share and diversify product offerings, and this strategic acquisition marks an important step for the group.