tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shanghai Junshi Biosciences Raises RMB1 Billion via Technology Innovation Bonds

Story Highlights
  • Shanghai Junshi Biosciences completed its 2026 first tranche technology innovation bond issue, raising RMB1 billion.
  • The 3+2-year bonds, maturing in 2031 at 2.70 percent interest, bolster funding for the company’s innovation-driven development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai Junshi Biosciences Raises RMB1 Billion via Technology Innovation Bonds

Claim 50% Off TipRanks Premium

Shanghai Junshi Biosciences Co., Ltd. Class H ( (HK:1877) ) just unveiled an update.

Shanghai Junshi Biosciences has completed the issuance of its 2026 first tranche of technology innovation bonds, raising RMB1 billion with a 3+2-year term maturing in January 2031 at an interest rate of 2.70%. The successful bond issuance strengthens the company’s funding position to support its innovation-driven operations and future development, while the board has cautioned shareholders and potential investors to exercise care when trading the company’s securities.

The most recent analyst rating on (HK:1877) stock is a Hold with a HK$22.50 price target. To see the full list of analyst forecasts on Shanghai Junshi Biosciences Co., Ltd. Class H stock, see the HK:1877 Stock Forecast page.

More about Shanghai Junshi Biosciences Co., Ltd. Class H

Shanghai Junshi Biosciences Co., Ltd. is a China-based biopharmaceutical company listed in Hong Kong that focuses on biotechnology innovation, including the research, development and commercialization of innovative therapies, serving the healthcare and life sciences markets domestically and abroad.

Average Trading Volume: 2,962,110

Technical Sentiment Signal: Sell

Current Market Cap: HK$37.04B

For an in-depth examination of 1877 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1