Understanding the Market | JINHAI MED TECH rose over 41% in the afternoon, with a cumulative increase of over 80% after earnings; previously, the placement of shares was used to raise funds for potential mergers and acquisitions and investment projects
I'm PortAI, I can summarize articles.
In the afternoon, JINHAI MED TECH's stock price rose over 41%, with a cumulative increase of more than 80% after the earnings report. As of the time of writing, the stock price is HKD 0.92, with a trading volume of HKD 24.8559 million. The company's interim results show a year-on-year revenue decrease of 43.98%, and the loss attributable to shareholders has widened by 69.67%. The company plans to raise HKD 161 million through a rights issue for potential mergers and acquisitions, investment projects, research and development expenses, and general working capital
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments