TATA Health International Holdings Ltd. (HK:1255) has released an update.
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TATA Health International Holdings Ltd. faces challenges with its online medical services, as its subsidiary Shangying Medical enters bankruptcy proceedings in China. The company has sold its loss-making investment, Shang Ying Trade, to improve financial standing and is pursuing legal action to recover an outstanding AUD 8 million loan. Despite these hurdles, TATA Health continues regular business operations while monitoring its financial health.
For further insights into HK:1255 stock, check out TipRanks’ Stock Analysis page.
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