Home MicroPort Scientific Rises Over 2% Amid $800M Capital Injection into Subsidiary Suzhou MicroPort Orthopedics

MicroPort Scientific Rises Over 2% Amid $800M Capital Injection into Subsidiary Suzhou MicroPort Orthopedics

May 14, 2020 10:14 CST Updated 10:14
MicroPort

High-end Medical Device R&D and Manufacturer

MicroPort

Orthopedic medical device and medical material production, sales, and配套service provider

Sina Hong Kong Stocks News,MicroPort Medical(00853) The current price rose 2.32% to HK$22.05, hitting an intraday high of HK$22.70 and setting a new listing high; trading volume was approximately 4.17 million shares, with a turnover of HK$92.85 million.

MicroPort announced that certain member companies of the group had entered into an agreement, pursuant to which Wangdaotong Biotechnology, wholly owned by Chang Zhaohua, an executive director of the company, and investors agreed to inject a total of RMB 580 million in new capital into the target company, MicroPort Orthopedics (Suzhou) Co., Ltd., with Wangdaotong Biotechnology contributing RMB 55.2074 million.

Currently,Hang Seng IndexThe Hang Seng Index closed at 23,846 points, down 334 points or 1.38%, with main board turnover reaching HK$26.515 billion. The Hang Seng China Enterprises Index stood at 9,707 points, down 128 points or 1.30%.

  Shanghai Composite IndexClosed at 2,879 points, down 19 points or 0.66%, with trading volume of RMB 45.925 billion.

The Shenzhen Component Index closed at 11,010 points, down 64 points or 0.58%, with a turnover of RMB 76.421 billion.

Table: Performance of stocks in the same sector or related shares:

Stock (Code) Current Price Change (%)

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MicroPort (00853) HK$22.05 ▲2.32%

  Weigao Shares(01066) HK$13.22 ▲2.80%

  KDL Medical Devices(01501) 42.30 yuan, down 1.40%

  AK Medical(01789) HK$23.40 ▲0.86%

  Chunli Medical(01858) HK$47.15 ▼1.26%

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Responsible Editor: Lu Yujun