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China Health Group Updates on Loan Recovery Efforts

Story Highlights
  • China Health Group faces a HK$11.7 million impairment loss on loan receivables.
  • The company is pursuing legal and negotiation efforts to recover a loan from Shuangluan Hospital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Health Group Updates on Loan Recovery Efforts

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China Health Group ( (HK:0673) ) has provided an announcement.

China Health Group Limited has announced a supplemental update to its annual report for the financial year ending March 31, 2025. The update highlights an impairment loss of approximately HK$11.7 million related to expected credit losses on loan and interest receivables. The company has taken legal action to recover a loan from Shuangluan Hospital, with ongoing litigation at the Chengde Court and discussions with the Shuangluan Government for possible repayment plans. The outcome of these actions could significantly impact the company’s financial recovery efforts and its stakeholders.

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 incorporated in Bermuda with limited liability, operating in Hong Kong under the name CHG HS Limited. The company is involved in the healthcare industry, focusing on providing health-related services and products.

Average Trading Volume: 831,133

Technical Sentiment Signal: Buy

Current Market Cap: HK$830.3M

Find detailed analytics on 0673 stock on TipRanks’ Stock Analysis page.

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