China's medical device maker Zylox-Tonbridge shines in Hong Kong debut

ZYLOX-TONBRIDGE MEDICAL TECHNOLOGY

05/07/2021 04:03

** Shares of China's medical device manufacturer
Zylox-Tonbridge Medical Technology Co Ltd  2190.HK  trade as
high as HK$58.75 in their Hong Kong debut, up 37.6% from the IPO
price of HK$42.70 apiece
    ** Stock is third most actively traded by turnover  
    ** The Zhejiang-based maker of medical devices for treatment
of neuro and peripheral vascular diseases offered 60 mln H
shares in its Hong Kong IPO, raising HK$2.56 bln ($329.6 mln)
for R&D, production, commercialization of core products 
 urn:newsml:reuters.com:*:nFWN2O30QK
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
slips 0.8%, while the healthcare index  .HSCIH  gains 0.1%
    ** The Hang Seng China Enterprises Index  .HSCE  slides
0.7%, and the benchmark index  .HSI  edges down 0.1%

    ($1 = 7.7665 Hong Kong dollars)

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