Why Meihua Stock Is Moving Today

Meihua International Medical Technologies Co., Ltd. MHUA shares traded higher Wednesday before paring gains after the company announced its NT-2000 surgical path analysis system successfully supported the world’s second 5G remote robot-assisted lobectomy.

The Details:

Meihua said the procedure was performed on July 15  at Yangzhou University Affiliated Hospital by a team from Shanghai Chest Hospital. The company said the development of Meihua’s robotic surgical systems is part of its strategic initiatives to increase sales of high-end products and broaden its customer base.

“We are honored that our cutting-edge technology could assist the advanced 3D imaging for surgical mapping in this sophisticated procedure,” said Mr. Yongjun Liu, Chairman of Meihua, “Despite a physical distance of over 200 kilometers between the surgical team and the patient, the operation was executed seamlessly in just one hour, thanks to 5G technology and the precision of the robotic surgical system."

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Meihua shares are moving on heavy trading volume following the announcement with more than 55 million shares already traded in Wednesday's session. According to data from Benzinga Pro, the stock has a 100-day average volume of less than 78,000 shares and a float of 9.521 million shares.

How To Buy MHUA Stock:

By now you're likely curious about how to participate in the market for Meihua International – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

MHUA Price Action: According to Benzinga Pro, Meihua shares are flat at $1.03 at the time of publication Wednesday.

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