ESSEX BIO-TECH (01061) Stock Price, News, Quotes-Moomoo

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01061 ESSEX BIO-TECH

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2.630
0.0000.00%

Market Closed Nov 15 16:08 CST

1.49BMarket Cap5.68P/E (TTM)

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The new policy of prepayment of medical insurance fund has been released, and the pharmaceutical sector has ushered in a sharp rise. Experts believe it may be a way for medical institutions to release funding pressure.
On the 11th, the "Notice on Prepayment of Medical Insurance Fund" was issued, requiring the unified and improved basic medical insurance fund prepayment system at the national level. Experts believe that the prepayment system can effectively alleviate the problem of pharmaceutical industry debt, accelerate the turnover of funds for pharmaceutical companies. The medical sector showed a significant upward trend today, with listed companies attributing the rise to investor sentiment.
cls.cnNov 12 02:44 ET
Multiple bullish factors boost pharmaceutical Hong Kong stocks. Institutions say they still face this risk in the short term.
①What are the policy measures to support the field of innovative drugs? ②What unfavorable effects on domestic pharmaceutical stocks might Trump's election bring about?
cls.cnNov 11 21:59 ET
essex bio-tech (01061.HK) spent 0.0996 million Hong Kong dollars to buy back 0.04 million shares on November 6th.
GLH Nov. 6 | Essex Bio-Tech (01061.HK) announced that on Nov. 6, 2024, it spent 0.0996 million Hong Kong dollars to repurchase 0.04 million shares at a repurchase price of 2.48-2.5 Hong Kong dollars per share.
Gelonghui FinanceNov 6 04:19 ET
Hong Kong stock concept tracking | The end of medical insurance negotiations is very encouraging for innovative drugs to be included in medical insurance at reasonable prices (with concept stocks)
The on-site negotiation and bidding stages for the adjustment of the national medical insurance pharmaceutical catalog in 2024 officially ended recently.
Zhitong FinanceNov 3 20:45 ET
Historically the most 'competitive'? The Tenth Batch of National Procurement Pharmaceutical Catalog Is Officially Announced with one type having up to 31 companies competing.
①This afternoon, the National Pharmaceutical Joint Procurement Office officially announced the tenth batch of nationally purchased pharmaceutical catalog, with a total of 263 specifications and 62 varieties; ②Several industry insiders have stated that the tenth batch of national procurement will be the largest and most competitive national procurement in history.
cls.cnNov 1 08:59 ET
zheshang: Continuous realization of technological innovation upgrade driving the continuous improvement of performance expectations for innovative drugs and industry chain.
The commercialization period of innovative drugs in the industry chain, driven purely by incremental value, is entering the phase of realization. The scarce incremental prosperity of the pharmaceutical sector continues to rise, with increasing international competitiveness, and there is still room for upward valuation.
Zhitong FinanceOct 29 22:28 ET

Comments

HuatLady

Sep 30, 2021 04:42

A Penny For Your Thought

How about "a penny for your stock"? Most investors associate penny stocks as red flags risks that spell "DANGER". What then is penny stock? Penny shares are defined as small companies' shares that normally cost less than $5 per share. Generally, investors are afraid of "burning their hands" with penny stocks investments, as they are low price shares that boost small market's values since these shares lack liquidity.
However, high volatility can equate to huge profits too, if trading strategies are skilfully masterminded. Hence, when an investor holds a penny stock he must be quick witted and prompt in his decision. In penny stock trading, the age old idiom of "time and tide waits for no man" aptly applies. In other words, he must "buy and sell" very quickly. Moreover, penny stocks are much more accessible to investors with limited capital because they are cheap. In fact many newbies start their trading journeys with penny stocks.
After having summarised all the pros of penny stock trading, we can now focus on its weaknesses:
One vital point to note is that not all penny stocks are listed over major stock exchanges. They may be traded over the counter bulletin board (OTC). As such these companies do not have to comply to the strict regulations set by major exchanges. This is hazardous because seasoned trickster can manipulate and falsify the company's statements to lure those innocent investors. Commonly, such an enterprise lacks historical data for potential investors to make wise choices.
It is not easy to locate undervalued shares and examine closely their positive points. One example of good value penny stock to focus on is $Metamaterial Exchangeco Inc (MMAX.CA)$
Basically, trading on penny stocks are not suitable if an investor does not adopt an attitude of trading with great diligence and only risk what he can afford to lose. Otherwise, he can become "penny wise, pound foolish". They are certainly red flags for long term investments.
$ESSEX BIO-TECH (01061.HK)$
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$Camber Energy (CEI.US)$
$Color Star (CSCW.US)$
$Metamaterial Exchangeco Inc (MMAX.CA)$
$Farmmi (FAMI.US)$

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