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<H Shrs>HSI Adds 135 Pts at Midday as BYD COMPANY Leaps 4%+; CSPC PHARMA Surges 10%
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The HSI ticked up 135 points or 0.55% to near a high of 24,992 at midday. The HSCEI added 79 points or 1% to 8,469. The HSTECH gained 50 points or 1% to 4,811. Total half-day turnover of the market amounted to $135.775 billion. Pharma ascended generally. CSPC PHARMA (01093.HK)'s Chairman, Cai Dongchen, increased stake by 49.4 million shares worth $413 million on market yesterday (26th), and its share price rallied 9.6% to close at $8.94 at midday. INNOVENT BIO (01801.HK) reported its first full-year profit, boosting its stock price by 5.7%. SINO BIOPHARM (01177.HK)'s full-year underlying profit rose 31%, but its share price shed 1.7%. HENGRUI PHARMA (01276.HK), 3SBIO (01530.HK), JUNSHI BIO (01877.HK), BEONE MEDICINES (06160.HK) and INNOCARE (09969.HK) elevated 5.4-6%, while DUALITYBIO-B (09606.HK) and SIMCERE PHARMA (02096.HK) hyped up 8.1% and 7.9%. Automakers continued to be popular, with BYD COMPANY (01211.HK) leaping 4.3% to $107.1. Leapmotor A10, its first A-series model, was launched with a starting price of RMB65,800. LEAPMOTOR (09863.HK) advanced 5.5%, while XIAOMI-W (01810.HK) and LI AUTO-W (02015.HK) climbed 1.7% and 2.8%. Autonomous driving stock PONY-W (02026.HK) plummeted 13.5% as the company’s 2025 non-GAAP loss widened. Its peer WERIDE-W (00800.HK) ballooned 4%. Car agency ZHONGSHENG HLDG (00881.HK) turned to a loss of over RMB1.67 billion last year, yet its share price shot up 8.8%. Lithium stocks TIANQI LITHIUM (09696.HK) and GANFENGLITHIUM (01772.HK) mushroomed 4.6% and 7.7%. AASTOCKS Financial News Website: www.aastocks.com |
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