TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Shandong Boan Biotechnology Company., Limited. Class H ( (HK:6955) ) has shared an update.
Shandong Boan Biotechnology Co., Ltd. has completed the placement of 48 million new shares, representing 7.71% of its total issued shares, at a price of HK$16.42 per share. The proceeds from this placement are intended to support the company’s research and development, commercialization activities, and working capital needs, as it seeks to accelerate its pipeline and maintain competitiveness in the biopharmaceutical sector.
More about Shandong Boan Biotechnology Company., Limited. Class H
Shandong Boan Biotechnology Co., Ltd. is a biopharmaceutical company based in China, focusing on the research, development, and commercialization of innovative product candidates. The company is active in the biotechnology industry, with a market focus on developing treatments involving antibodies and other advanced therapeutic modalities.
Average Trading Volume: 24,322,065
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.92B
For detailed information about 6955 stock, go to TipRanks’ Stock Analysis page.