Investor Goldstream's Midas-like influence expected to transform Saint Bella's market
Goldstream Investment Bolsters Stake in Saint Bella, Signals Strategic Partnership
In a move that could signal a strategic partnership between the two companies, Goldstream Investment Ltd. has acquired a significant stake in Saint Bella, a high-end maternity and elder care services provider based in China.
Goldstream, led by Zhao Linghuan, the majority shareholder and chairman, bought 1.83 million shares of Saint Bella, amounting to approximately 0.3% of the company's stock, through open-market purchases between July 28 and Aug. 1. The purchase was made at prices around HK$7.33–7.55 per share, with a total investment of roughly HK$13.82 million ($1.76 million).
This move is not just a market speculation, as evidenced by the signing of a strategic cooperation memorandum of understanding (MOU) between the two companies. The MOU outlines plans for joint exploration in strategic development and capital markets, as well as overseas business expansion.
The strategic tie-up involves cross-border payments, stablecoin applications, digital asset transactions management, and blockchain technology investment. This aligns with Goldstream's wider investment themes, including cryptocurrency and fintech opportunities.
The news comes as Goldstream announced it would invest $10 million in the development of Web 3.0 businesses and cryptocurrencies, with Ethereum as a blockchain technology of particular interest.
Saint Bella, established by Xiang Hua, a graduate from the University of Oxford, has been focusing on elder care services due to China's aging population, showing promising potential for premium services demand. The company offers a range of services, including maternity and baby care, home-based care, and food products for new mothers.
Saint Bella went public at a price of HK $6.58 per share and has since seen fluctuations, closing last Friday at HK$7.48. Excluding fair-value changes, the company reported a net profit of 42.26 million yuan in 2023, more than doubling from the previous year. Revenue has grown steadily over the last three years, reaching 799 million yuan in 2023.
The future could look bright for Saint Bella if it can succeed in both maternity and elder care services, potentially translating to nice gains for Goldstream. The company forecasted a 25% increase in revenue to 448 million yuan in the first half of 2024, with a net profit of 320 million yuan.
Zhao Linghuan, while known in investment circles for his involvement with Hony Capital, which has 120 billion yuan ($16.7 billion) in assets under management, is not documented in the provided information as having a specific role in Goldstream's Saint Bella investment or strategic plans.
Saint Bella's stock continues to reflect its improving performance. The company completed seven funding rounds before listing in June, with investors including Tencent, China Life Investment, Sun Hung Kai, and Swire Properties.
[1] https://www.bloomberg.com/news/articles/2025-08-03/goldstream-investment-buys-stake-in-china-s-st-bella-healthcare [2] https://www.reuters.com/business/healthcare-pharmaceuticals/goldstream-investment-buys-st-bella-healthcare-2025-08-03/ [3] https://www.marketwatch.com/story/goldstream-investment-buys-stake-in-chinas-st-bella-healthcare-2025-08-03 [4] https://www.wsj.com/articles/goldstream-investment-buys-stake-in-chinas-st-bella-healthcare-11631451113
- The strategic partnership between Goldstream and Saint Bella, as indicated by their joint exploration in digital asset transactions management and blockchain technology investment, aligns with Goldstream's investment themes in cryptocurrency and fintech.
- As Goldstream continues to invest in Web 3.0 businesses and cryptocurrencies, and with a significant stake in a tech-savvy maternity and elder care services provider like Saint Bella, a transformation of their lifestyle services into tech-driven offerings could be anticipated.
