PANews reported on July 2 that the Hong Kong-listed company Navigating Medical Biotechnology (00399) saw a significant surge in early trading today, soaring nearly 240% at one point, before the increase narrowed, with the price reaching as high as HKD 0.7, and it has now retreated to around HKD 0.34.
According to previous news, Navigating Medical Biotechnology plans to acquire all shares of Conflux to expand its blockchain field, and two founding members of Conflux are its executive directors.
