CHINA BULLETIN: Blinken, Yellen Talk Up China Challenge
In this week’s issue Blinken in Beijing, a stock market surge and a Huawei comeback. On a scale of 1 to 100, we give the week a 70 for offshore-listed…
FAST NEWS: Venus Medtech’s loss narrows on surging overseas sales
The latest: Medical device maker Venus Medtech (Hangzhou) Inc. (2500.HK) reported last Thursday its net loss narrowed 31.8% last year to 721 million yuan ($99.7 million). Looking up: The company’s annual revenue…
FAST NEWS: PW Medtech’s profit jumps on post-Covid rebound
The latest: Medical device maker PW Medtech Group Ltd. (1358.HK) said on Wednesday it expects to report a net profit of 142 million yuan ($19.6 million) to 165 million yuan for last year,…
Lepu ScienTech Revives IPO After Policy Move Brightens Its Prospects
China’s leading supplier of congenital heart disease devices made its third filing earlier this month for a Hong Kong IPO Key Takeaways: After taking its Lepu Biopharma unit public in…
FAST NEWS: PW Medtech Shares Jump on Acquisition
The latest: Medical infusion products maker PW Medtech Group Ltd. (1358.HK) announced it will acquire 51% of Sichuan Ruijian Medical Technology Co. Ltd., another medical device maker, for a cash…
Medical Device Maker Venus Medtech Pumps Up Investors With Prospect of 2021 Profits
Company funds expansion through $400 million share sale as it targets U.S. and EU with growing pipeline of heart valve-replacement products Major Takeaways Venus Medtech’s recent $400 million equity fundraising…
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