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China Health Group ( (HK:0673) ) has issued an announcement.
China Health Group Limited has successfully completed the subscription of new shares and a rights issue, raising approximately HK$84.7 million in gross proceeds. The net proceeds of HK$80.9 million will be used to settle various financial obligations, including payables, loans, overdue salaries, and directors’ remuneration, as well as to provide working capital for daily operations.
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 is a company operating in the healthcare industry, focusing on providing health-related services and products. The company is incorporated in Bermuda and conducts business in Hong Kong under the name CHG HS Limited.
Average Trading Volume: 1,766,881
Technical Sentiment Signal: Hold
Current Market Cap: HK$377.1M
See more insights into 0673 stock on TipRanks’ Stock Analysis page.