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The latest update is out from Beijing Health (Holdings) Limited ( (HK:2389) ).
Beijing Health (Holdings) Limited has announced that its indirect wholly owned subsidiary, China Vista Capital Holding Limited, has fully redeemed its 8,020.99 Class A shares in BE Fortune Diversified Income Fund SP 2 for approximately US$10.9 million (HK$85.1 million), generating an estimated gain of about US$1.04 million compared with the fund’s fair value at the end of 2024. The redemption, classified as a discloseable transaction under Hong Kong listing rules, will be settled partly in cash and largely via an in‑specie distribution of a loan receivable due from another group subsidiary, effectively internalising that asset within the group’s balance sheet and modestly strengthening its financial position without requiring shareholder approval.
The most recent analyst rating on (HK:2389) stock is a Hold with a HK$0.07 price target. To see the full list of analyst forecasts on Beijing Health (Holdings) Limited stock, see the HK:2389 Stock Forecast page.
More about Beijing Health (Holdings) Limited
Beijing Health (Holdings) Limited is an investment holding company whose group operations focus on providing medical care, health care and geriatric care–related services and products, targeting the broader healthcare and elderly-care markets.
Average Trading Volume: 2,044,895
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$412M
Find detailed analytics on 2389 stock on TipRanks’ Stock Analysis page.