In today’s briefing:
- Microport Scientific (853.HK) – The Subsidiaries Would Be a Better Investment
Microport Scientific (853.HK) – The Subsidiaries Would Be a Better Investment
- MicroPort’s net loss widened according to its profit warning. The negative impact of centralized procurement is already being shown. We analyzed the situation of its different business segments.
- After continuous M&A, Microport Scientific (853 HK) could face cash flow pressure in this unfriendly financing environment.
- Due to MicroPort’s development mode, the market value of its subsidiaries could be higher than the parent company. Our view is that the subsidiaries would be a better investment.
Before it’s here, it’s on Smartkarma
