Hepalink
posted on
Feb 21, 2020 01:37AM
China's economy crashed. Car sales down 92% in the first 2 weeks of February.
But Hepalink share price is now +33% year to date!
Interestingly, Hepalink's share price bottomed out around Nov 18 2019 at 15CNY, which was about the time the AHA presentation for RVX took place. It's share price is now 26CNY.
And Hepalink has filed for a listing in Hong Kong, to be completed "sometime in the first half of 2020".
So something is cooking at Hepalink...I wonder if Hepalink is timing their IPO to key developments in RVX? They own 40% of RVX...so even a US$2.5 billion valuation for RVX would mean Hepalink should benefit big time, as Hepalink's current EV is US$5 billion.
Anyone know what is happening in Shenzhen?
Iconoclast