tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Health Group Completes Successful Rights Issue

Story Highlights
China Health Group Completes Successful Rights Issue

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from China Health Group ( (HK:0673) ).

China Health Group Limited announced the results of its Rights Issue, which offered three Rights Shares for every ten shares held. The Rights Issue was undersubscribed by 18.9%, but all unsubscribed shares were successfully placed with independent placees, making the issue fully subscribed. The underwriting agreement conditions were fulfilled, and the Rights Issue became unconditional, ensuring no untaken rights shares remained.

The most recent analyst rating on (HK:0673) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Health Group stock, see the HK:0673 Stock Forecast page.

More about China Health Group

China Health Group Limited is a company incorporated in Bermuda, operating in Hong Kong under the name CHG HS Limited. It is listed on the Hong Kong Stock Exchange with a focus on health-related services and products.

Average Trading Volume: 1,779,118

Technical Sentiment Signal: Hold

Current Market Cap: HK$351.5M

See more data about 0673 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1