China-focused private equity firm CDH Investments and investments services provider CCB International have sold their stakes in Hong Kong Stock Exchange-listed hospital operator Harmonicare Medical Holdings to China-based life insurance company Taikang Insurance Group. CDH sold a 10.37 percent stake in the company for HKD514 million (approximately US$66 million) and CCB sold a 6.07 percent stake for HKD301 million (approximately US$39 million). The transaction is subject to precedent conditions and regulatory approval.