Pola, a company preparing for a Hong Kong listing, saw a 7.03% surge in its stock price after acquiring a 51% stake in Huazhixiao, a makeup company known for targeting young women. This move forms part of Pola’s strategy to enhance its growth narrative. Pola’s subsidiary, Pola (Hainan) Investment Co., plans to acquire a 12.5479% stake in Huazhixiao for 3.51 billion yuan in cash. With this investment, Pola will hold a controlling interest in Huazhixiao, integrating it into the company’s consolidated financial statements. Huazhixiao, with its brand focusing on ‘girly’ makeup, offers a different positioning compared to Pola’s existing makeup…
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