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Guangzhou Baiyunshan Pharmaceutical Announces Progress on Baiyunshan Biological Capital Increase

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Guangzhou Baiyunshan Pharmaceutical Announces Progress on Baiyunshan Biological Capital Increase

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An announcement from Guangzhou Baiyunshan Pharmaceutical Holdings Company ( (HK:0874) ) is now available.

Guangzhou Baiyunshan Pharmaceutical Holdings Company announced the progress of a connected transaction involving a capital increase in its subsidiary, Baiyunshan Biological. The agreement, which includes several investment funds, maintains the company’s 50% equity interest in Baiyunshan Biological, ensuring its continued consolidation into the company’s financial statements.

The most recent analyst rating on (HK:0874) stock is a Hold with a HK$21.70 price target. To see the full list of analyst forecasts on Guangzhou Baiyunshan Pharmaceutical Holdings Company stock, see the HK:0874 Stock Forecast page.

More about Guangzhou Baiyunshan Pharmaceutical Holdings Company

Guangzhou Baiyunshan Pharmaceutical Holdings Company is a joint stock company with limited liability established in the People’s Republic of China. It operates in the pharmaceutical industry, focusing on the production and distribution of pharmaceutical products.

YTD Price Performance: -2.03%

Average Trading Volume: 1,116,875

Technical Sentiment Signal: Sell

Current Market Cap: HK$44.33B

See more data about 0874 stock on TipRanks’ Stock Analysis page.

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