Zhitong Financial APP learned that$AIM VACCINE (06660.HK)$It surged more than 140 per cent in early trading with a turnover of more than HK $4 million.
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On the face of the news, Amy Vaccine was recently included in the first batch of newly transferred stocks of the Shanghai-Hong Kong Stock Connect and the Hang Seng Composite Index, effective from March 13, 2023.
In addition, the company intends to issue no more than 242 million unlisted RMB common shares, accounting for about 20 per cent of the total number of issued shares. The fund-raising will be used for the research and development of EV71-CA16 bivalent hand, foot and mouth disease and COVID-19 mRNA vaccine. Some market participants believe that the exit channel for the shares issued by Amy Vaccine in the future will be the A-share market. Therefore, this news is also seen by some investors as a prelude to Amy Vaccine layout A-share IPO.
Edit / Somer