$TH MEDICAL-B(02697.HK) grey market price +136%, it will officially list today on 6/30, 6/29 was grey market trading; $Intuitive Surgical(ISRG.US) edged up. The surgical robot sector saw action in both the Hong Kong and US markets today — $TH MEDICAL-B(02697.HK) focuses on percutaneous puncture robots and has all three types of NMPA certifications; $Intuitive Surgical(ISRG.US) is the global leader in surgical robots, and its valuation has recovered after the Q1 earnings report.
The gains in the grey market for Hong Kong IPOs are not very comparable, next we'll look at the trading volume on the listing day. $Intuitive Surgical(ISRG.US) is now at a high forward PE of 60x, waiting for the Q2 earnings.
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