Surgical instrument group Shanghai MicroPort shines in Hong Kong debut

Shanghai MicroPort MedBot (Group)

02/11/2021 04:00

** Shares of Chinese surgical instrument developer Shanghai
MicroPort MedBot Group Co Ltd  2252.HK  rise as high as HK$46.40
in Hong Kong debut, up 7.4% from the offer price
    ** Stock last up 6.4% from the offer price of HK$43.20,
among the 30 most actively traded by turnover in late morning 
    ** Surgical robotic services unit of MicroPort Scientific
 0853.HK  offered 36.2 mln shares at HK$43.20 apiece in global
offering  urn:newsml:reuters.com:*:nFWN2RR03E
    ** HK$1.56 bln ($200.5 mln) raised for R&D,
commercialisation of core products, and to expand sales and
marketing team  
    ** Cornerstone investors included Aspex, Hillhouse, Lily
Asia Ventures, Snow Lake, Yorkool, CloudAlpha and Artisan
    ** MicroPort Scientific shares rise 1.7%
    ** The Hang Seng Commerce & Industry Index  .HSNC  rises
1.4% and the Hang Seng Tech Index  .HSTECH  surges 2.3%
    ** Hong Kong's healthcare index  .HSCIH  gains 0.4% and the
benchmark index  .HSI  climbs 0.7%

($1 = 7.7811 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))