HK Stock Market Move | SAINT BELLA GP (02508) rose over 3% against the market trend, reaching a strategic cooperation agreement with L Catterton to accelerate its overseas strategic layout.

SAINT BELLA GP rose more than 3% against the market, with an increase of 2.19% as of the time of the report, reaching 5.13 Hong Kong dollars, with a turnover of 6.0789 million Hong Kong dollars. On March 18, SAINT BELLA GP announced a strategic cooperation with the global top consumer private equity fund L Catterton. The board of directors believes that this cooperation will fully integrate the strengths and resources of both parties in high-end consumption and global network, injecting momentum into the long-term development of the group. Both parties will rely on L Catterton's global top consumer resource network to systematically search, evaluate, and identify mother and baby care and health consumer product companies with high growth potential on a global scale. This layout aims to build a brand ecosystem covering multiple categories such as mother and baby care and health consumer products through continuous external merger and integration, ultimately accelerating the group's evolution from a single service operator to a multi-brand, group global family care brand group. In addition, L Catterton's extensive resources in the high-end consumer field will help the group to collaborate on content creation and global brand linkage in overseas markets, enhancing brand international influence and jointly creating a cross-domain high-end mother and baby and lifestyle ecosystem.