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IsaacYap90
2021-07-21

HK-listed Immunotech hits near 6-week high as China Resources Pharma buys stake

** Shares of Immunotech Biopharm Ltd , which makes immune cell products for cancer treatment, rise a

HK-listed Immunotech hits near 6-week high as China Resources Pharma buys stake

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK-listed Immunotech hits near 6-week high as China Resources Pharma buys stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 13:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Immunotech Biopharm Ltd , which makes immune cell products for cancer treatment, rise as much as 8.9% to HK$20.80, their highest since June 11</p>\n<p>** China Resources Pharmaceutical Group Ltd says unit has agreed to buy 10% of Immunotech from Yue Cheng International Capital, Hualida Development, Ren Xiaojuan and Bei Ni Ltd for HK$799.66 mln ($102.9 mln)</p>\n<p>** Says unit has agreed to buy 51.46 mln existing shares of Beijing-based Immunotech at HK$15.54 each, further developing its business in cellular immunotherapy</p>\n<p>** Shares of China Resources Pharmaceutical rise 1.8%</p>\n<p>** The Hong Kong Hang Seng Commerce &amp; 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