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Sipai Health Completes Wealth Management Product Redemption

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Sipai Health Completes Wealth Management Product Redemption

Elevate Your Investing Strategy:

Sipai Health Technology Co., Ltd. ( (HK:0314) ) just unveiled an announcement.

Sipai Health Technology Co., Ltd., incorporated in the Cayman Islands with limited liability, recently completed the redemption of wealth management products from China Construction Bank via Sipai Healthcare Investment and Bixun Guangdong, totaling RMB300 million. The redemptions yielded an unaudited interest income of approximately RMB4.94 million. As the transactions exceeded certain percentage ratios but remained under 25%, they are classified as discloseable transactions under Hong Kong’s Listing Rules, requiring notification and announcement but not shareholder approval.

More about Sipai Health Technology Co., Ltd.

YTD Price Performance: -11.56%

Average Trading Volume: 1,474,467

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$3.64B

For an in-depth examination of 0314 stock, go to TipRanks’ Stock Analysis page.

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