Picture of XtalPi Holdings logo

2228 — XtalPi Holdings News Story

0.000.00%
hk flag iconLast trade - 00:00
HealthcareHighly SpeculativeMid CapSucker Stock

XtalPi hits near 4-month high as chairman plans to buy shares

    ** Shares of XtalPi Holdings  2228.HK  rise 7.9% to
HK$8.655, their highest level since May 29 
    ** Stock on track for third straight session of gain; fifth
biggest pct gainer in Hang Seng Biotech Index  .HSBIO , which
rises 4.8%
    ** The Hong Kong-listed drug and material science R&D
solutions provider says its chairman and co-founder Wen Shuhao
intends to acquire shares in the open market by end-October with
his own funds of up to HK$32 million ($4.08 million)
    ** The board believes that the plan to increase shareholding
 reflects Wen's confidence in the long-term development
prospects and value of the company - XtalPi
    ** YTD, stock down 9.6%, benchmark Hang Seng Index  .HSI 
down 2.9%
    

    ($1 = 7.8448 Hong Kong dollars)

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

Recent news on XtalPi Holdings

See all news