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Qianhai Health Holdings Gains HK$51.8M from Asset Disposal

Qianhai Health Holdings Gains HK$51.8M from Asset Disposal

Qianhai Health Holdings Ltd. (HK:0911) has released an update.

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Qianhai Health Holdings Ltd. has announced a significant financial move with the disposal of certain assets, leading to a one-time gain of approximately HK$51.8 million. The proceeds from this transaction are intended to bolster the company’s general working capital, signaling a strategic financial repositioning. Despite ongoing contractual disputes involving Cheerwin, the disposal marks a notable development in the company’s financial landscape.

For further insights into HK:0911 stock, check out TipRanks’ Stock Analysis page.

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