Shanghai MicroPort jumps on breakthrough in core product installation
BUZZ-Shanghai MicroPort jumps on breakthrough in core product installation ** Shares of Shanghai MicroPort MedBot 2252.HK jump 10% to HK$23.98, on track for the biggest one-day pct gain since June 17
** Stock of the China-based surgical robots maker, with a market capitalisation of $3.12 billion, touches the highest point since June 24, snapping two sessions of decline
** Company said its core product Toumai Laparoscopic Surgical Robot, which received over 300 commercial orders worldwide, completed its 200th commercial installation worldwide in Spain's medical institution HM Hospitales
** The dual milestone breakthroughs in the commercial orders and installations mark the accelerating maturity of Toumai's global clinical ecosystem, real-world application system, and remote collaboration network - co
** YTD, stock down 2.4%, benchmark Hang Seng Index .HSI down 9.7%
($1 = 7.8416 Hong Kong dollars)
(Reporting by Donny Kwok)
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