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2252 — Shanghai MicroPort MedBot (Group) News Story

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Shanghai MicroPort jumps most in 5 months on breakthrough in core product orders

BUZZ-Shanghai MicroPort jumps most in 5 months on breakthrough in core product orders

** Shares of Shanghai MicroPort MedBot 2252.HK jump 16.7% to HK$24.86, on course for the biggest one-day pct rise since January 21

** Stock on track to snap two sessions of decline

** China-based surgical robots maker, with market capitalisation of $3.16 bln, said its cumulative order volume of its core products across laparoscopic, orthopedic and vascular intervention specialties amounted to almost 400 units

** Core product Toumai Laparoscopic Surgical Robot has received over 300 commercial orders worldwide, with new orders secured in the first half of the year already surpassed the whole of the previous year, marking another milestone breakthrough in the commercial orders of Toumai - Co

** YTD, stock down 1.4%, benchmark Hang Seng Index .HSI down 4.8%

($1 = 7.8331 Hong Kong dollars)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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