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China Health Group ( (HK:0673) ) just unveiled an update.
China Health Group Limited announced the results of its Rights Issue, revealing that approximately 81.1% of the offered Rights Shares were subscribed, leaving 18.9% unsubscribed. To address the shortfall, the company has arranged for the remaining shares to be placed with new investors, with any net gain from this process to be distributed to shareholders who did not take action, highlighting the company’s efforts to manage shareholder interests and maintain financial stability.
The most recent analyst rating on (HK:0673) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Health Group stock, see the HK:0673 Stock Forecast page.
More about China Health Group
China Health Group Limited, operating in Hong Kong as CHG HS Limited, is incorporated in Bermuda and is listed on the Stock Exchange of Hong Kong. The company is involved in the healthcare industry, focusing on providing health-related services and products.
Average Trading Volume: 1,837,723
Technical Sentiment Signal: Sell
Current Market Cap: HK$262M
See more insights into 0673 stock on TipRanks’ Stock Analysis page.