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Concord Healthcare Group Co., Ltd. Class H ( (HK:2453) ) just unveiled an announcement.
Concord Healthcare Group Co., Ltd. announced that its controlling shareholder, Shanghai Medstar, has increased its shareholding by purchasing a total of 95,400 H shares from the open market. This move, which represents approximately 0.01% of the total issued shares, reflects Shanghai Medstar’s confidence in the company’s future prospects and supports its ongoing development. The company has been granted a waiver to maintain a lower public float percentage, with at least 20.92% of its shares held by the public following this transaction.
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 is listed on the Hong Kong Stock Exchange and focuses on providing healthcare services and products.
Average Trading Volume: 1,504,343
Technical Sentiment Signal: Sell
For a thorough assessment of 2453 stock, go to TipRanks’ Stock Analysis page.