Posted by Yong Ken > 2021-03-09 17:15 | Report Abuse

listing in HKEX is a good choice, bigger pool for bigger fish. It help on the visibility and helping in marketing, esp in China. Expected more glove consumption in China.

Posted by newbie8080 > 2021-03-11 13:59 | Report Abuse

Too much supply of Glove

China glove makers Blue Sail Medical and Intco Medical aim to raise their nitrile glove production capacities. Blue Sail Medical intends to increase its production to 36.1 billion pieces per annum by end-2023 from 4.3 billion pieces as of end-2019.

On the other hand, Intco plans to expand its nitrile glove capacity to 59.2 billion pieces per annum by end-2023, from 5 billion pieces at end-2019.