China Health Group Limited (SEHK:673) has filed a Follow-on Equity Offering in the amount of HKD 71.4 million. China Health Group states, “It is expected that the net proceeds from the Subscriptions (after deducting the expenses incurred in the Subscriptions) amount to approximately HKD 71,300,000. The Company intends to apply the net proceeds from the Subscriptions as to (i) approximately HKD 40,000,000 for the development of finance leasing business of the Group; and (ii) the remaining balance for future investments when suitable investment opportunities arise and general working capital of the Group.”