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Concord Healthcare Completes Successful Share Placement

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Elevate Your Investing Strategy:

The latest announcement is out from Concord Healthcare Group Co., Ltd. Class H ( (HK:2453) ).

Concord Healthcare Group Co., Ltd. has successfully completed the placement of 18,600,000 new H shares under a general mandate, raising approximately HK$93.94 million. The proceeds will be used for procuring medical equipment, repaying loans, and supplementing working capital, with the shareholding structure of the company seeing an increase in total issued shares.

More about Concord Healthcare Group Co., Ltd. Class H

Concord Healthcare Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the healthcare industry. The company focuses on providing medical equipment, consumables, and pharmaceuticals to medical institutions.

Average Trading Volume: 3,935,924

Technical Sentiment Signal: Sell

Learn more about 2453 stock on TipRanks’ Stock Analysis page.

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