HKG:2273

2 stories mentioning HKG:2273Updated just now

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Gushengtang Units to Acquire Three Medical Companies

Two units of Gushengtang Holdings (HKG:2273) agreed to acquire three medical companies, according to a Tuesday Hong Kong bourse filing.Gushengtang Singapore TCM Healthcare Technologies Holdings will acquire 100% interest in Sante Wellness TCM Clinics and Sante Wellness TCM, which engage in maternal, prenatal, postnatal, infant, and family wellness service provision.Unit Tianjin Gushengtang Hospital Management will purchase a 90% stake in Tianjin Nankai District Bainian Ren Yi Tang TCM Clinic, which provides traditional Chinese medicine services in Tianjin, China.

HKG:2273

Asia62d ago

Gushengtang Board Proposes Expanding Share Buyback

Gushengtang Holdings' (HKG:2273) board proposed raising the ceiling of its share repurchase program by a further HK$300 million, according to a Hong Kong bourse filing Tuesday.Shares of the traditional Chinese medicine firm gained over 8% in morning trade Wednesday.The firm previously launched a HK$300 million share buyback in August 2025, which was expanded by a further HK$300 million in November 2025.The latest buyback will commence after shareholder approval.Meanwhile, in a separate statement, the firm said customer visits for the three months ended March 31 rose 15% to around 1.39 million from 1.21 million a year prior.

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