HK Stock Market Move | VENUS MEDTECH-B (02500) surges over 30% in the morning and signs an investment terms list with three parties, with a total investment amount of up to 500 million yuan.

VENUS MEDTECH-B (02500) rose over 30% in the morning, as of the press release, it rose 29.63% to 1.75 Hong Kong dollars, with a turnover of 8.1073 million Hong Kong dollars. On the news front, VENUS MEDTECH-B announced that on July 1, 2026, the company, Hangzhou Gaoxin Materials Technology, and Hangzhou Yingzhiqin entered into an investment terms list, wherein Hangzhou Gaoxin Materials Technology and Hangzhou Yingzhiqin expressed interest in investing in the company with other potential investors through potential transactions (including potential share subscription matters and potential convertible bond subscription matters) with a total investment amount of up to 500 million yuan. According to the investment terms list, prospective investors are advised to invest in the company through subscription of new shares. The subscription price for each new share is 100% of the average price of the closing price of the shares reported on the Stock Exchange of Hong Kong in the last 20 consecutive trading days before the formal trading document is signed, but not exceeding HK$2.5 per share. According to the investment terms list, prospective investors are advised to invest in the company through subscription of new convertible bonds. The conversion price of the new convertible bonds is 110% of the average price of the closing price of the shares reported on the Stock Exchange of Hong Kong in the last 20 consecutive trading days before the formal trading document is signed, but not exceeding HK$2.5 per share.