Telemedicine sector widened upswing after midday. Morgan Stanley upgraded ALI HEALTH (00241.HK) +0.250 (+7.937%) Short selling $34.88M; Ratio 22.659% from Underweight to Overweight, with a target price raised from $4.3 to $4.9. The broker also upgraded PA GOODDOCTOR (01833.HK) +0.940 (+9.038%) Short selling $15.55M; Ratio 16.231% from Underweight to Equalweight, with a target price cut from $15.5 to $14.6.
PA GOODDOCTOR opened flat this morning before persistent upsurge. It peaked at $11.5 after midday, once up 10.58%. It last printed at $11.48, up 10.38%, with 10.1908 million shares traded, involving $113 million.
Related NewsM Stanley Adjusts TPs & Ratings for Telemedicines, Upgrades ALI HEALTH to Overweight (Table)
ALI HEALTH, peaking at $3.45, last stood at $3.44, up 9.21%, with 54.1561 million shares traded, involving $181 million.
JD HEALTH (06618.HK) +0.900 (+4.306%) Short selling $39.06M; Ratio 49.048% , peaking at $21.95, last quoted at $21.9, up 4.78%, with 5.032 million shares traded, involving $108 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-17 12:25.)
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