HK Stock Market Move | Yitengjiahe (06998) rose more than 9% in the morning. The stock abbreviation is officially renamed "Yitengjiahe" starting today.
YiTengJiaHe (06998) rose more than 9% in the morning, up 8.68% as of the time of publication, at 2.88 Hong Kong dollars, with a turnover of 6.9259 million Hong Kong dollars.
Yiteng Jiahe (06998) rose more than 9% in the morning session, and as of the time of writing, it was up 8.68%, trading at 2.88 Hong Kong dollars, with a trading volume of 6.9259 million Hong Kong dollars.
On the news front, on December 30, Yiteng Pharma completed a reverse acquisition with GENOR-B through a stock swap merger and listing. This reverse acquisition marks the formal establishment of Yiteng Jiahe and enters a new stage of strategic integration and development. The Chinese name of GENOR-B-B shares has been changed from "GENOR-B" to "Yiteng Jiahe", effective from 9 am on February 6, 2026.
It is worth noting that GENOR-B announced last month its intention to repurchase company shares on the open market from time to time. The company has been buying back shares for several days since January 28, and as of February 5, the company has repurchased approximately 18.517 million Hong Kong dollars worth of shares, totaling 7.245 million shares repurchased.
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