HK-listed Jinxin Fertility falls on discounted share sale

Jinxin Fertility

08/07/2020 03:27

** Shares of Jinxin Fertility Group Ltd  1951.HK  fall as
much as 7.9% to HK$11.02, their lowest since June 30
    ** Stock of the assisted reproductive services provider tops
the most actively traded shares in terms of turnover, and heads
for its worst day since March 23
    ** Three shareholders have raised HK$2.74 bln ($353 mln)
from an upsized sell-down in Jinxin Fertility, IFR reported
 urn:newsml:reuters.com:*:nL4N2EF0FZ
    ** The deal, upsized to 245 mln shares from 208 mln shares,
was priced at HK$11.18 per share, representing a 6.5% discount
to Tuesday's close 
    ** As of last close, stock of the Sichuan-based firm up
14.8% this year 
    ** The Hang Seng China enterprises index  .HSCE  gains 0.4%,
while the benchmark index  .HSI  slides 0.3%

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)