China Healthwise Trims Yunfeng Stake with Nearly HK$2 Million Sale

MT Newswires Live04-13 12:56

China Healthwise (HKG:0348) disposed of 500,000 shares in Yunfeng Financial (HKG:0376) for about HK$1.6 million, according to an April 10 Hong Kong bourse filing.

Shares of the health products retailer were down over 5% in Monday's midday trade.

The shares were sold at an average price of about HK$3.13 each.

The company expects a loss of about HK$16,000, with proceeds to be used for working capital.

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