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The latest update is out from Concord Healthcare Group Co., Ltd. Class H ( (HK:2453) ).
Concord Healthcare Group Co., Ltd. has successfully completed the placement of 48,723,600 new H shares under a general mandate, raising approximately HK$258.78 million. The proceeds will be used to fund the construction of Shanghai Concord Medical Cancer Hospital, support the company’s medical AI business, repay loans, and supplement working capital for general corporate purposes.
More about Concord Healthcare Group Co., Ltd. Class H
Concord Healthcare Group Co., Ltd. is a joint stock company incorporated in China, operating in the healthcare industry. The company focuses on medical services, including the construction of medical facilities and the development of medical AI technologies.
Average Trading Volume: 15,331,072
Technical Sentiment Signal: Sell
See more insights into 2453 stock on TipRanks’ Stock Analysis page.