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Harbour BioMed Completes Its Global Offering and Listing on the Hong Kong Stock Exchange


Harbour BioMed Completes Its Global Offering and Listing on the Hong Kong Stock Exchange
CAMBRIDGE, Mass. and SUZHOU, China, Dec. 17, 2020 /PRNewswire/ HBM Holdings Limited ( Harbour BioMed , HBM or the Company ; Stock Code: 02142.HK), a global clinical-stage biopharmaceutical company, completed its global offering (the Global Offering ) and its listing on the Main Board of the Stock Exchange of Hong Kong Limited (the Stock Exchange ). The number of offer shares under the Global Offering is a total of 138,221,000 shares at a price of HK $12.38 per share, raising HK$1,711 million (USD$221 million) in total (before exercise of the over-allotment option in connection with the Global Offering). The offering was completed on December 10 ....

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Global Hydrogen Fuel Cell Market Could Exceed $49 Billion By 2027


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PALM BEACH, Fla., Dec. 16, 2020 /PRNewswire/ The hydrogen fuel cell market has been growing over the last few years and is expected to continue to see substantial growth over the next few years. A Hydrogen fuel cell is a device that generates electrical power by a chemical reaction via conversion of fuel (hydrogen) into electricity. Although batteries and fuel cells are both considered electrochemical cells and consist of similar structures, fuel cells require a continuous source of oxygen and fuel to run, similar to how an internal combustion engine needs a constant flow of gasoline or diesel. A fuel cell is a device that converts chemical potential energy (energy stored in molecular bonds) into electrical energy. The products of the reaction in the cell are water, electricity, and heat. This is a big improvement over internal combustion engines, coal burning power plants, and nuclear power plants, all of which produce harmful by-products. The energy.gov website said ....

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