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The latest announcement is out from Concord Healthcare Group Co., Ltd. Class H ( (HK:2453) ).
Concord Healthcare Group Co., Ltd. announced the release of a pledge of 35.6 million H shares by its controlling shareholder, Beijing Concord. This release follows the fulfillment of obligations under a credit line agreement with SPDB, which had initially required the pledge as a guarantee. The release of the pledge signifies a positive development for Concord Healthcare, potentially enhancing its financial flexibility and market position.
The most recent analyst rating on (HK:2453) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Concord Healthcare Group Co., Ltd. Class H stock, see the HK:2453 Stock Forecast page.
More about Concord Healthcare Group Co., Ltd. Class H
Concord Healthcare Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the healthcare industry. The company is primarily focused on providing healthcare services and operates under the regulations of The Stock Exchange of Hong Kong Limited.
Average Trading Volume: 5,972,538
Technical Sentiment Signal: Sell
Find detailed analytics on 2453 stock on TipRanks’ Stock Analysis page.