Picture of Hygeia Healthcare Holdings Co logo

6078 Hygeia Healthcare Holdings Co News Story

0.000.00%
hk flag iconLast trade - 00:00
HealthcareSpeculativeMid CapNeutral

Hygeia Healthcare rises on share buyback plan

** Hygeia Healthcare Holdings 6078.HK rises 7% to HK$12.39; set for biggest one-day pct rise since September 19

** Stock hits highest since December 4; on course for third straight session of gains

** Medical services provider plans to repurchase shares in open market for not less than 300 mln yuan ($42.6 mln) to demonstrate confidence in its own business outlook, prospects

** Says current trading price does not reflect stock's intrinsic value or co's actual business prospects

** YTD, stock down 15.7%

($1 = 7.0424 Chinese yuan renminbi)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))

Recent news on Hygeia Healthcare Holdings Co

See all news