Financial Street Holdings Co LtdHexie Health sold 36.34 million shares of Financial Street, reducing its stake and cashing out 89 million yuan, indicating reduced institutional support.
Hexie Health Insurance has been frequently reducing its holdings in listed companies on the secondary market over the past year, with total cash-outs exceeding 5 billion yuan since the start of this year alone. The company sold 36.3364 million shares of Financial Street through centralized competitive bidding on June 29, June 30, and July 9, representing about 1.2 percent of total share capital, lowering its stake from 14.999997 percent to 13.784298 percent and cashing out roughly 89 million yuan in total. Earlier, Hexie Health had already significantly reduced its position in Goldwind Science and Technology, steadily cutting its holdings from 2025 and fully exiting the stake by June 2026, with combined sales proceeds of about 4.85 billion yuan between late March and early April. At the same time, Hexie Health has been active in the primary market, having backed high-profile IPO candidates such as Zhongju Bian, Moore Threads, and Changxin Technology. Its investment in Moore Threads delivered a paper gain of around 3.5 billion yuan on the first day of listing, while the unrealized profit on Changxin Technology could reach tens of billions of yuan. Hexie Health remains in a transitional period of risk disposal, and its annual report and solvency report have yet to resume normal disclosure.
Financial Street Holdings Co LtdHexie Health sold 36.34 million shares of Financial Street, reducing its stake and cashing out 89 million yuan, indicating reduced institutional support.
Xinjiang Goldwind Science & Technology Co Ltd Class AHexie Health fully exited its stake in Goldwind Science and Technology by June 2026, with combined sales proceeds of about 4.85 billion yuan, signaling a loss of a major shareholder.