HK Stock Market Move | Green Tea Group (06831) fell more than 4% in intraday trading. Partners Gourmet plans to clear out and reduce its holdings by approximately 15.96% of the company's shares.

GREEN TEA GROUP (06831) fell by more than 4% during trading hours, dropping 3.38% to 8.57 Hong Kong dollars as of press time, with a turnover of 4.49 billion Hong Kong dollars. On the news side, early on April 9, GREEN TEA GROUP announced that its major shareholder, Partners Group Gourmet House Limited, plans to sell a total of 60.04 million shares of the company's common stock through block trades, and sell 23.05 million shares to investment funds. In addition, Partners Gourmet has entered into a memorandum of understanding with a strategic enterprise buyer to sell some shares, with total proceeds not exceeding 30 million US dollars. The placement is expected to be completed by April 13, 2026. The total number of shares involved in the placement and sale is 106 million shares, accounting for approximately 15.96% of the total company shares. After the placement and sale, Partners Gourmet will no longer hold any shares and will no longer be a shareholder of the company.