TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Health Group ( (HK:0673) ) just unveiled an update.
China Health Group Limited has announced the completion of a significant transaction involving the settlement deed for acquiring Jinmei Developments Limited. As a result of fulfilling the condition precedent, the company has canceled a promissory note worth HK$146 million, transferred Long Heng’s entire equity interest to the noteholder, and issued a settlement note of HK$12 million. This transaction results in Jinmei Developments Limited and its subsidiaries ceasing to be subsidiaries of China Health Group, potentially impacting the company’s operational structure and market positioning.
More about China Health Group
China Health Group Limited, operating as CHG HS Limited in Hong Kong, is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange. The company is involved in the health industry, focusing on acquiring and managing healthcare-related businesses.
Average Trading Volume: 2,557,323
Technical Sentiment Signal: Sell
Current Market Cap: HK$162.2M
Learn more about 0673 stock on TipRanks’ Stock Analysis page.