Shenzhen-listed B-Soft climbs as IVD Medical plans to buy stake

Ethk Labs

17/11/2025 03:28

** Shares of  Chinese medical and health information provider B-Soft Co 300451.SZ climb 5% to 5.44 yuan, their highest level since September 1

** Stock on course for a second session of gains, if current momentum holds

** Hong Kong-listed medical equipment maker IVD Medical Holding 1931.HK says it plans to buy 6.23% of B-Soft from B-Soft key shareholder for 500 million yuan ($70.38 million)

** Company says it will hold voting rights representing 12.64% of the issued shares of B-Soft on completion of the acquisition and an entrustment of voting rights

** IVD stock slips 0.3% to HK$5.97, on track for a fifth consecutive session of losses

** YTD, B-Soft shares up 18.3%, IVD stock up 231.7%

($1 = 7.1038 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))