HK Stock Market Move | MICROPORT (00853) rose more than 4% in early trading, with JP Morgan increasing its holdings by over 900 million Hong Kong dollars. Bank of America is optimistic about the surgical Siasun Robot & Automation business.

Microport (00853) rose more than 4% in the morning, as of the time of writing, it has risen by 4.53% to 11.3 Hong Kong dollars, with a trading volume of 80.5031 million Hong Kong dollars. On the news side, according to the documents disclosed by the Hong Kong Stock Exchange on November 27, on November 24, JPMorgan Chase increased its holdings of 89.06 million shares of Microport's common stock, valued at approximately 930 million Hong Kong dollars. After the increase, JPMorgan Chase's latest shareholding amount is 276 million shares, and the holding ratio has increased from 9.79% to 14.44%. Bank of America Securities previously released a research report reaffirming a "buy" rating on Microport, citing its attractive risk-return profile. The company has a diversified portfolio of high-value consumable products, with its surgical Siasun Robot & Automation business expected to be a key driver of future growth. The bank expects the surgical Siasun Robot & Automation to contribute 19% of total revenue by 2034. Additionally, the bank believes that Microport's shareholder, Shang Real Estate Group, may provide financial and operational support and will focus on the company's governance structure. The company is also addressing liquidity concerns and is expected to achieve profitability through cost control and disposal of non-core assets starting from the first half of 2026.