Edge Medical Mulls China Listing; Shares Slip 3%

MT Newswires Live
Sep 14

Shenzhen Edge Medical (HKG:2675) is exploring a potential listing in mainland China, according to a preliminary proposal filed with the Hong Kong bourse on Friday.

The medical equipment maker said it applied for pre-listing tutoring on Sept. 11.

The proposed initial public offering of renminbi-denominated shares on the A-share market is subject to market conditions and approvals from shareholders and relevant regulatory authorities, Edge Medical said.

The company's shares fell almost 3% in late-morning trading on Monday.

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