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HK-listed Jinxin Fertility Group jumps on expansion deals

Reuters2021-06-21

** Shares of China's assisted reproductive services provider Jinxin Fertility Group Ltd rise as much as 13.6% to HK$20.90, their biggest intraday percentage gain since May 31

** Stock, the eighth biggest percentage gainer on the Hong Kong bourse, hits its highest since June 4

** The Sichuan-based company says its unit has agreed to buy a 10% stake in Guangdong Kangzhi Hospital Management Co Ltd from Honz Pharmaceutical Co Ltd for 37.7 mln yuan ($5.8 mln)

** Says its 15%-owned Tianjin Binhai Yuanxian Management Consulting Center will buy from Honz and certain independent third parties 90% of Guangdong Kangzhi Hospital, and stakes in Yunnan Jiuzhou Hospital and Kunming Hewanjia Obstetrics and Gynecology Hospital

** Says the acquisitions will expand productivity and capacity of its network in mainland China

** Shenzhen shares of Honz rise 1.4%

** The Hong Kong Hang Seng Commerce & Industry Index slips 0.4%, while the healthcare index rises 1.7%

** The Hang Seng China enterprises index slides 0.8% and the benchmark index drops 1.1%

** As of last close, the stock had surged 16.5% this year

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Comment30

  • KVCGTan
    ·2021-06-21
    Great 
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  • SufiTrades
    ·2021-06-21
    Ok
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  • justplainame
    ·2021-06-21
    Hmmm
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  • TimmyYapp
    ·2021-06-21
    Hi
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  • Patrula
    ·2021-06-21
    Tk you 
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  • Selcouth
    ·2021-06-21
    damnn cuh
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  • Jerneo
    ·2021-06-21
    Wow
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  • JaxW
    ·2021-06-21
    Hi yah
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    • JaxW
      Good good
      2021-06-23
      Reply
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  • OO_898
    ·2021-06-21
    Good 
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    ·2021-06-21
    Pls like n comment 
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  • 1000010101O
    ·2021-06-21
    [Smile] [Smile] 
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    ·2021-06-21
    Like
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    ·2021-06-21
    Good
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  • Natdns
    ·2021-06-21
    Ok
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  • Tiongwee
    ·2021-06-21
    Sharks! Should have buy in…@悠樂發財經
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    ·2021-06-21
    Ok
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    ·2021-06-21
    Nice man
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  • LeminovoG
    ·2021-06-21
    What de nae nibba
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