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China Health Group ( (HK:0673) ) has shared an announcement.
China Health Group Limited has provided an update on measures to address its auditors’ disclaimer of opinion on the company’s ability to continue as a going concern for the year ended 31 March 2025. The company has completed share subscriptions and a rights issue, raising net proceeds of about HK$80.9 million to ease liquidity pressure, is negotiating the renewal of approximately HK$5.4 million in bank borrowings targeted for completion by the end of the first quarter of 2026, and continues to explore additional funding channels as needed. Management has committed to publishing progress updates every three months until the going-concern disclaimer is resolved and has cautioned shareholders and investors to exercise care when trading its securities, underscoring ongoing financial uncertainty despite recent capital-raising efforts.
The most recent analyst rating on (HK:0673) stock is a Hold with a HK$0.78 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, incorporated in Bermuda and listed in Hong Kong, operates in the healthcare sector and conducts its business in Hong Kong under the name CHG HS Limited. The company is overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical listed-company governance structure aimed at supporting its healthcare-focused operations and financing activities.
Average Trading Volume: 741,354
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.08B
See more data about 0673 stock on TipRanks’ Stock Analysis page.