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MicroPort Scientific ( (HK:0853) ) has provided an announcement.
MicroPort Scientific’s subsidiary, Shanghai Latent, has entered into a Block Trade Agreement to sell up to 3% of Shanghai MedBot’s issued share capital through placing agents. This transaction, alongside a simultaneous placing agreement by Shanghai MedBot, involves a significant discount on the sale price compared to recent market prices, indicating a strategic move to adjust its financial positioning without creating a new substantial shareholder.
The most recent analyst rating on (HK:0853) stock is a Hold with a HK$7.30 price target. To see the full list of analyst forecasts on MicroPort Scientific stock, see the HK:0853 Stock Forecast page.
More about MicroPort Scientific
MicroPort Scientific is a company involved in the medical technology industry, focusing on developing and manufacturing medical devices and solutions. The company operates through various subsidiaries, including Shanghai MedBot, which is a part of its broader market focus.
Average Trading Volume: 19,218,646
Technical Sentiment Signal: Hold
Current Market Cap: HK$13.28B
For a thorough assessment of 0853 stock, go to TipRanks’ Stock Analysis page.
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