Hong Kong investment firm takes full ownership of Popular bookstore chain

New: You can now listen to articles.The Singapore-based company, which publishes, distributes and retails books for both the educational and general fiction markets in Singapore, Malaysia, Hong Kong and China, announced the"strategic ownership change", starting from Wednesday , in a press release.

The company added it would"maintain its corporate culture" and"sustain the momentum of our current business operations". The identification of"market leaders which are beneficiaries of long-term macroeconomic trends in China" is among the investment strategies employed by ZQ Capital as stated on its website.

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