COVID testing firm Prenetics shares fall in New York debut

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HONG KONG :Hong Kong-based COVID-19 testing firm Prenetics Ltd's shares fell 4.4 per cent to $7.45 in their Nasdaq debut on Wednesday, following its merger with a U.S.-listed blank-check firm.Prenetics announced a merger in September with Artisan Acquisition Corp, backed by Hong Kong tycoon Adrian Cheng, that

HONG KONG :Hong Kong-based COVID-19 testing firm Prenetics Ltd's shares fell 4.4 per cent to $7.45 in their Nasdaq debut on Wednesday, following its merger with a U.S.-listed blank-check firm.

The company's Nasdaq debut took longer than expected after Prenetics had initially hoped to start trading by the end of 2021 or the first quarter of 2022. "We're talking to multiple targets from an M&A perspective... we want to acquire companies that fit into our umbrella of healthcare," Yeung told Reuters.

All airport arrivals are tested before and after getting on the plane and compulsory notices on residential buildings are still common.

 

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