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Stock impact report

Qiming's Portfolio Company Broncus Lists on Main Board of HKEx

Intuitive Surgical, Inc. (ISRG) 
Last intuitive surgical, inc. earnings: 4/16 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
SHANGHAI, Sept. 24, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company Broncus (SEHK:2216),  a pioneer in China's interventional pulmonology navigation device market, today listed on the main board of Hong Kong Stock Exchange. The issue price is HK$ 18.7/share, representing a market cap of nearly HK$ 10 billion. Qiming Venture Partners invested in the Broncus in Series A in 2014 and followed on in B and C rounds. As an early investor, Qiming was the company's largest institutional shareholder before its IPO. The listing of Broncus is the ninth public listing in Qiming's portfolio in 2021.Broncus' strategic investors include international industry giant Intuitive Surgical (NASDAQ: ISRG), a global technology leader in robotic-assisted, minimally invasive surgical platforms and diagnostic tools, and the manufacturer of the globally-renowned da Vinci surgical robots. Broncus' IPO cornerstone investors include Springhill Fund, Qiming's public equities unit. Founded in 2012, Br Show less Read more
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