Kafelaku Coffee's (HKG:1869) subsidiary Jiangsu Kafelaku will serve as the company's new headquarters in mainland China, according to a Wednesday filing with the Hong Kong Stock Exchange.
The headquarters will be located in Dongtai City, Jiangsu Province, China.
Shares closed 7% lower during Wednesday's trading.
Price (HKD): $0.15, Change: $-0.011, Percent Change: -7.05%