Hong Kong-listed XtalPi climbs as chairman buys shares
Tue 04:26
BUZZ-Hong Kong-listed XtalPi climbs as chairman buys shares ** Shares of XtalPi Holdings 2228.HK climb 4.2% to HK$6.17, on track for biggest one-day pct gain since October 6
** Stock rises for a second straight session; third-biggest pct gainer in the Hang Seng Biotech Index .HSBIO, which rises 2.3%
** Drug and material science R&D solutions provider says Chairman and Co-founder Wen Shuhao bought an aggregate 3.79 million shares, representing 0.09% of issued shares, in open market from October 7 to 15
** Wen bought the shares for HK$25 million ($3.19 million) to demonstrate his confidence in the long-term development and prospects of the firm - XtalPi
** YTD, stock down 34.8%, benchmark Hang Seng Index .HSI down 6.4%
($1 = 7.8480 Hong Kong dollars)
(Reporting by Donny Kwok)
Recent news on XtalPi Holdings
See all newsFactbox: Pharma sector doubles down on AI to slash costs, timelines
Hong Kong-listed XtalPi climbs as chairman buys shares
Brief: XtalPi Says Chairman Purchases 3.8 MLN Shares From Oct 7 To Oct 15
Brief: XtalPi Reports Chairman Wen Shuhao Purchases 1.3 Million Shares on Oct 7
XtalPi hits near 4-month high as chairman plans to buy shares