HK-listed Jinxin Fertility falls on reports of major shareholder's share sale

Jinxin Fertility

06/07/2021 03:03

** Shares of China's assisted reproductive services provider
Jinxin Fertility Group Ltd  1951.HK  fall 8.3% to HK$17.92,
their lowest since June 18
    ** Stock on course for worst day since June 17; the second
most actively traded by turnover and the sixth-biggest
percentage decliner on the Hong Kong bourse
    ** The company's largest shareholder Jinxin Fertility
Investment Group sold a part of its stake for HK$767 mln ($99
mln) - Refinitiv publication IFR reports  urn:newsml:reuters.com:*:nIfpj4wpx
    ** The deal, comprising 42 mln shares or 1.7% of the share
capital, was priced at HK$18.25 each, representing a discount of
6.6% to Monday's close of HK$19.54 
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
falls 1.3%, and healthcare index  .HSCIH  drops 3.5%
    ** The Hang Seng China Enterprises Index  .HSCE  slips 0.7%,
and benchmark index  .HSI  eases 0.8%
    ** As of last close, stock up 23.7% this year 

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))