Rico healthy Life (02370) opened more than 6 per cent higher in early trading, followed by intraday gains of more than 31 per cent, with a two-day gain of more than 50 per cent, Zhitong Financial APP learned. As of 11:12, it was up 34.17% to quote HK $6.95, with a turnover of 7.6366 million.
It is reported that the company is a leading property management service provider in Jiangxi Province, with a service network covering strategic core areas such as the Yangtze River Delta, Greater Bay, Bohai Rim and Central China. As of September 30, 2021, the company has a total of 91 projects under management, with a total construction area of 15.1 million square meters, and has contracted to manage 133 projects in 28 cities in 11 provinces, municipalities and autonomous regions of China, with a total construction area of 23.5 million square meters. The listing will constitute a spin-off of the Lego Group.