Qianhai Health Unit to Acquire Investment Holding Firm

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Qianhai Health Unit to Acquire Investment Holding Firm

MT Newswires Live2024-12-09

Qianhai Health (HKG:0911) unit QHH agreed to sell 100% equity stake in Huge Hope to a third-party buyer for HK$10,000, a Dec. 6 bourse filing said.

Huge Hope is an investment holding company that owns Cheerwin, a firm engaged in the trading of electronic component products till Dec. 31, 2023, following which it ceased its operations.

The disposal comes about in order for the healthcare products distributor to optimize resources and streamline its structure.

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