FAST NEWS: PW Medtech repurchases shares after earnings announcement
The Latest: Medical device maker PW Medtech Group Ltd. (1358.HK) reported Tuesday it repurchased 700,000 and 590,000 of its shares on Sept. 2 and Sept. 3, respectively. Looking Up: The company made the…
FAST NEWS: JPMorgan boosts MicroPort Scientific holdings
The Latest: U.S. banking giant JPMorgan purchased about 2.48 million Hong Kong-listed shares of MicroPort Scientific Corp. (0853.HK) on May 30, raising its stake in the medical device maker from 12.89% to 13.02%,…
FAST NEWS: PW Medtech plans to spin off unit for separate listing
The Latest: Medical device maker PW Medtech Group Ltd. (1358.HK) announced Monday that it is considering spinning off its non-wholly owned subsidiary Sichuan Ruijian Medical for a separate listing on the Beijing Stock Exchange.…
CHINA BULLETIN: Blinken, Yellen Talk Up China Challenge
In this week’s issue Blinken in Beijing, a stock market surge and a Huawei comeback. On a scale of 1 to 100, we give the week a 70 for offshore-listed…
FAST NEWS: Venus Medtech’s loss narrows on surging overseas sales
The latest: Medical device maker Venus Medtech (Hangzhou) Inc. (2500.HK) reported last Thursday its net loss narrowed 31.8% last year to 721 million yuan ($99.7 million). Looking up: The company’s annual revenue…
FAST NEWS: PW Medtech’s profit jumps on post-Covid rebound
The latest: Medical device maker PW Medtech Group Ltd. (1358.HK) said on Wednesday it expects to report a net profit of 142 million yuan ($19.6 million) to 165 million yuan for last year,…
Lepu ScienTech Revives IPO After Policy Move Brightens Its Prospects
China’s leading supplier of congenital heart disease devices made its third filing earlier this month for a Hong Kong IPO Key Takeaways: After taking its Lepu Biopharma unit public in…
