Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
An announcement from Huayi Tencent Entertainment Co., Ltd. ( (HK:0419) ) is now available.
Hony Media Group has announced the acquisition of a 40% shareholding in Meerkat Health Holdings Limited, leading to the termination of its VIE contractual arrangements. This strategic move allows the company to fully own the Meerkat Group, thereby simplifying its corporate structure and enhancing its operational efficiency in the healthcare consumption business. The transactions are classified as discloseable and connected under Hong Kong’s Listing Rules, ensuring transparency and compliance with regulatory requirements.
More about Huayi Tencent Entertainment Co., Ltd.
Hony Media Group, formerly known as Huayi Tencent Entertainment Co., Ltd., operates in the pharmaceutical e-commerce and smart healthcare and medical services industry. The company focuses on providing e-commerce solutions for pharmaceutical products, healthcare consultation, management services via the Internet, and smart medical services such as healthcare devices and data analysis.
YTD Price Performance: -30.0%
Average Trading Volume: 6,944,323
Technical Sentiment Signal: Buy
Current Market Cap: HK$706.4M
For an in-depth examination of 0419 stock, go to TipRanks’ Stock Analysis page.