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InnoCare Pharma Ltd. ( (HK:9969) ) just unveiled an announcement.
InnoCare Pharma Ltd. announced an update in the use of proceeds from its RMB Share Issue, which raised approximately RMB2,778.82 million after expenses. The company has decided to adjust the internal investment structure of its fundraising projects without changing the overall committed investment amount. This strategic adjustment is aimed at optimizing the use of idle funds to align with market conditions and improve business performance, while maintaining the original investment intentions.
More about InnoCare Pharma Ltd.
InnoCare Pharma Ltd. is a pharmaceutical company incorporated in the Cayman Islands, focusing on the development and commercialization of innovative therapies. The company operates in the biopharmaceutical industry, primarily targeting treatments for cancer and autoimmune diseases.
YTD Price Performance: 36.93%
Average Trading Volume: 8,505,150
Technical Sentiment Signal: Sell
Current Market Cap: HK$12.64B
For detailed information about 9969 stock, go to TipRanks’ Stock Analysis page.