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An announcement from NEUSOFT XIKANG HOLDINGS INC. ( (HK:9686) ) is now available.
Xikang Cloud Hospital Holdings Inc. announced its decision to use idle proceeds from its global offering for cash management by investing in high-security, liquid wealth management products. This strategic move, involving up to US$40 million, is intended to enhance fund usage efficiency and protect shareholder interests without affecting the company’s normal operations or the intended use of proceeds.
More about NEUSOFT XIKANG HOLDINGS INC.
Xikang Cloud Hospital Holdings Inc., formerly known as Neusoft Xikang Holdings Inc., operates in the healthcare industry, focusing on providing cloud-based hospital services. The company is listed on the Hong Kong Stock Exchange and aims to enhance healthcare delivery through innovative technology solutions.
Average Trading Volume: 50,227
Technical Sentiment Signal: Buy
Current Market Cap: HK$858.7M
For a thorough assessment of 9686 stock, go to TipRanks’ Stock Analysis page.