Zai Lab Ltd(ZLAB),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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ZLAB Zai Lab Ltd

Trading 04-09 12:38:00 EDT

20.85

-0.54

-2.52%

High21.16	Low20.52	Vol555.93K
Open21.16	D1 Closing21.39	Amplitude3.02%
Mkt Cap2.31B	Tradable Cap2.28B	Total Shares111.00M
T/O11.55M	T/O Rate0.51%	Tradable Shares109.37M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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At the time of writing, the stock was up 4.82%, trading at HK$15.88 with a turnover of HK$288 million. 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The increase follows an announcement on April...","market":"other","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4548","BK4534","SG9999001440.SGD","LU0289739699.SGD","BK4533","IE0009355771.USD","IE00BFTCPJ56.SGD","LU0320765992.SGD","BK1588","LU1571399168.USD","LU0109394709.USD","BK4526","IE00BJJMRZ35.SGD","IE00B4R5TH58.HKD","LU2089984988.USD","LU2468319806.SGD","IE00BJT1NW94.SGD","BK4566","LU0122379950.USD","LU0889565916.HKD","BK4585","LU2242646821.SGD","LU2112291526.USD","LU2242652126.USD","BK4588","BK1161","VXUS","LU1061106388.HKD","BK4599","LU0868494617.USD","BK4581","BK1574","LU1023059063.AUD","BK4531","LU0058720904.USD","BK4139","LU1057294990.SGD","IE0002141913.USD","AMGN","LU2488822045.USD","LU1983299246.USD","09688","ZLAB","IE00B2B36J28.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2624512883","title":"Asian Equities Traded in the US as American Depositary Receipts Surge in Wednesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2624512883","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2624512883?lang=en_us&edition=fundamental","pubTime":"2026-04-01 22:36","pubTimestamp":1775054174,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were sharply higher Wednesday morning, rising 1.66% to 2,666.83 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by fintech firm High Templar Tech  and biopharmaceutical company Zai Lab , which climbed 14% and 8.5% respectively. They were followed by education firm 17 Education & Technology Group  and lender Sumitomo Mitsui Financial Group , which advanced 5.5% and 4.6% respectively.The decliners from North Asia were led by online discount retailer Vipshop  and fintech company Jiayin Group , which fell 4.4% and 3.8% respectively. They were followed by fashion platform MOGU  and mobile big data provider Aurora Mobile , which dropped 2.9% each.From South Asia, the gainers were led by IT firm Sify Technologies  and telecommunications operator PLDT , which rose 3.6% and 1.2% respectively. 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Net product revenue increased by 15% to $457 million. This growth was primarily driven by higher...","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1588","BK1161","BK4588","09688","BK4585","BK1574","BK4548","BK4526","LU2488822045.USD","BK4139","BK4531","ZLAB"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2622850578","title":"J.P. Morgan Sticks to Its Buy Rating for Zai Lab (ZLAB)","url":"https://stock-news.laohu8.com/highlight/detail?id=2622850578","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2622850578?lang=en_us&edition=fundamental","pubTime":"2026-03-26 20:41","pubTimestamp":1774528873,"startTime":"0","endTime":"0","summary":"In a report released yesterday, Anupam Rama from J.P. Morgan maintained a Buy rating on Zai Lab, with a price target of $32.00. The company’s share...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/j-p-morgan-sticks-to-its-buy-rating-for-zai-lab-zlab-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/j-p-morgan-sticks-to-its-buy-rating-for-zai-lab-zlab-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ZLAB"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2622985050","title":"Analysts Offer Insights on Healthcare Companies: Zai Lab (ZLAB), Maze Therapeutics, Inc. (MAZE) and Compass Therapeutics (CMPX)","url":"https://stock-news.laohu8.com/highlight/detail?id=2622985050","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2622985050?lang=en_us&edition=fundamental","pubTime":"2026-03-26 20:41","pubTimestamp":1774528862,"startTime":"0","endTime":"0","summary":"There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Zai Lab (ZLAB), Maze Therapeutics, Inc. (MAZE) and C...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-offer-insights-on-healthcare-companies-zai-lab-zlab-maze-therapeutics-inc-maze-and-compass-therapeutics-cmpx-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-offer-insights-on-healthcare-companies-zai-lab-zlab-maze-therapeutics-inc-maze-and-compass-therapeutics-cmpx-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4581","BK4526","XBI","HCSG","MAZE","ZLAB","BK4007","BK4585","LU0029874061.USD","LU0128526141.USD","BK4548","LABU","CMPX","BK4588","BK4139","LU2488822045.USD","XLV","BK4137","BK4531"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2620216292","title":"Shenwan Hongyuan Reaffirms Their Buy Rating on Zai Lab Ltd (1ZLB)","url":"https://stock-news.laohu8.com/highlight/detail?id=2620216292","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2620216292?lang=en_us&edition=fundamental","pubTime":"2026-03-19 13:45","pubTimestamp":1773899110,"startTime":"0","endTime":"0","summary":"In a report released yesterday, from Shenwan Hongyuan maintained a Buy rating on Zai Lab Ltd, with a price target of HK$19.20. The company’s shares...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/shenwan-hongyuan-reaffirms-their-buy-rating-on-zai-lab-ltd-1zlb-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/shenwan-hongyuan-reaffirms-their-buy-rating-on-zai-lab-ltd-1zlb-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ZLAB"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2620423004","title":"Zai Lab price target lowered to $32 from $39 at JPMorgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2620423004","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2620423004?lang=en_us&edition=fundamental","pubTime":"2026-03-18 19:28","pubTimestamp":1773833308,"startTime":"0","endTime":"0","summary":"JPMorgan analyst Anupam Rama lowered the firm’s price target on Zai Lab (ZLAB) to $32 from $39 and keeps an Overweight rating on the shares. The fi...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/zai-lab-price-target-lowered-to-32-from-39-at-jpmorgan-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/zai-lab-price-target-lowered-to-32-from-39-at-jpmorgan-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU2237443895.HKD","LU0820562030.AUD","IE00BZ1G4Q59.USD","LU2462157665.USD","IE00B1BXHZ80.USD","IE00B3S45H60.SGD","LU0417517546.SGD","LU1244550577.SGD","LU2430703251.USD","LU1720051017.SGD","LU2746668974.SGD","IE00B1XK9C88.USD","LU0942090050.USD","LU2237443622.USD","LU2237443382.USD","LU1064131342.USD","LU0211327993.USD","LU0689472784.USD","LU0345769631.USD","IE00BJTD4N35.SGD","LU0345769128.USD","LU1917777945.USD","ZLAB","IE00BLSP4239.USD","LU0149725797.USD","LU2106854487.HKD","JPMO","LU1548497426.USD","LU0238689110.USD","LU2023250504.SGD","LU0882574139.USD","LU2023250843.SGD","LU2264538146.SGD","LU0820561818.USD","IE00BHPRN162.USD","LU0976567544.SGD","IE00BLSP4452.SGD","LU2552382058.USD","LU0070302665.USD","BK4533","LU2430703095.HKD","LU1162221912.USD","LU0868494617.USD","LU2237443978.SGD","LU0320765646.SGD","LU0683600562.USD","LU0345770308.USD","LU0048584097.USD","LU1244550221.USD","LU1244550494.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2619430177","title":"KeyBanc Remains a Buy on Zai Lab Ltd (1ZLB)","url":"https://stock-news.laohu8.com/highlight/detail?id=2619430177","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2619430177?lang=en_us&edition=fundamental","pubTime":"2026-03-15 13:45","pubTimestamp":1773553535,"startTime":"0","endTime":"0","summary":"In a report released yesterday, from KeyBanc maintained a Buy rating on Zai Lab Ltd, with a price target of HK$23.92. Currently, the analyst consen...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/keybanc-remains-a-buy-on-zai-lab-ltd-1zlb-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/keybanc-remains-a-buy-on-zai-lab-ltd-1zlb-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU2488822045.USD","BK4548","ZLAB","BK4139","BK4588","BK4526","BK4531","BK4585"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1196734801","title":"Zai Lab Issues Equity Incentives Including Stock Options and Restricted Units","url":"https://stock-news.laohu8.com/highlight/detail?id=1196734801","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1196734801?lang=en_us&edition=fundamental","pubTime":"2026-03-13 21:28","pubTimestamp":1773408495,"startTime":"0","endTime":"0","summary":"Zai Lab (09688) announced that on the grant date, the company issued 353,400 stock options, 32,400 restricted share units, and 175,400 performance share units under the 2024 Equity Incentive Plan.","market":"fut","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4548","BK1574","09688","BK1588","BK4531","LU2488822045.USD","BK4526","ZLAB","BK4585","BK4588","BK4139","BK1161"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1121752091","title":"Zai Lab Issues Stock Options, Restricted Share Units, and Performance Share Units","url":"https://stock-news.laohu8.com/highlight/detail?id=1121752091","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1121752091?lang=en_us&edition=fundamental","pubTime":"2026-03-09 23:00","pubTimestamp":1773068411,"startTime":"0","endTime":"0","summary":"Zai Lab (09688) announced that on the grant date, the company issued options to subscribe for 374,220 American Depositary Shares, 121,620 American Depositary Shares in the form of restricted share...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","BK1161","LU2488822045.USD","BK1574","BK4526","09688","BK4585","ZLAB","BK1588","BK4548","BK4531","BK4139"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1133865890","title":"Zai Lab Grants Stock Options and Restricted Share Units","url":"https://stock-news.laohu8.com/highlight/detail?id=1133865890","media":"Stock News","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1133865890?lang=en_us&edition=fundamental","pubTime":"2026-03-05 23:00","pubTimestamp":1772722813,"startTime":"0","endTime":"0","summary":"Zai Lab (09688) announced that on the grant date, the company issued options to purchase a total of 80,000 American Depositary Shares to four grantees under the 2024 Equity Incentive Plan....","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","LU2488822045.USD","BK1574","BK4588","BK4531","BK1588","ZLAB","09688","BK4526","BK1161","BK4548","BK4585"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1152655873","title":"Zai Lab Announces Board Appointment of Leon O. Moulder, Jr.","url":"https://stock-news.laohu8.com/highlight/detail?id=1152655873","media":"Stock News","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1152655873?lang=en_us&edition=fundamental","pubTime":"2026-03-05 22:44","pubTimestamp":1772721897,"startTime":"0","endTime":"0","summary":"Leon O. Moulder, Jr. has been appointed as a director of Zai Lab, effective from the date of the announcement.","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1588","BK1161","BK4588","09688","BK4585","BK1574","BK4548","BK4526","LU2488822045.USD","BK4139","BK4531","ZLAB"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2616551077","title":"Asian Equities Traded in the US as American Depositary Receipts Rise Modestly in Wednesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2616551077","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2616551077?lang=en_us&edition=fundamental","pubTime":"2026-03-04 23:38","pubTimestamp":1772638709,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were modestly higher Wednesday morning, rising 0.30% to 2,790.11 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by consumer lended Eason Technology  and computer hardware maker Canaan , which climbed 19% and 9%, respectively. They were followed by diagnostic imaging centers company Concord Medical Services  and biopharmaceutical firm Zai Lab , which advanced 7.3% and 6.4%, respectively.The decliners from North Asia were led by thin-film liquid display maker LG Display  and fintech firm AMTD Digital , which dropped 9% and 4.9% respectively. They were followed by lender CNFinance  and automotive marketplace Cango , which lost 3% and 1.8% respectively.From South Asia, the gainers were led by IT firms Sify Technologies  and Infosys , which rose 4.3% and 1.6% respectively. 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They were followed by game live-streaming service DouYu International  and online game developer The9 , which rose 3% and 2.1%, respectively.The decliners from North Asia were led by biopharmaceutical company Zai Lab  and video-streaming platform iQIYI , which fell 6.4% and 5%, respectively. They were followed by lender Nomura  and used car marketplace Uxin , which lost 4.9% and 4.3%, respectively.There were no gainers in South Asia.The decliners from South Asia were led by IT firm Sify Technologies  and tech conglomerate Sea , which dropped 6.7% and 3.8%, respectively. They were followed by lender HDFC Bank  and telecommunications operator Telekomunikasi Indonesia , which were down 2.3% a","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["AFG","NCTY","BK4588","LU0979878070.USD","DOYU","IQ","IE0031814969.USD","LU0264606111.USD","BK4503","BK4108","LU0516422366.SGD","LU1242518857.USD","BK4531","LU0345775950.USD","SIFY","LU0441851309.USD","SG9999014013.SGD","KRKR","NMR.AU","SG9999014484.SGD","LU0823039010.USD","SE","HDB","LU0261945553.USD","LU0532188223.SGD","TLK","LU2008162690.USD","UXIN","BK7506","LU1861217088.USD","LU2488822045.USD","LU2177674079.SGD","BK4535","LU0287143357.SGD","LU0390134368.USD","LU1805238398.USD","BK4513","BK4214","BK4554","LU0630378429.USD","SG9999005177.SGD","HKD","LU2065169927.USD","SG9999002406.SGD","LU0348816934.USD","LU2125910500.SGD","ZLAB","BK4115","NMR","SG9999013486.USD"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2616828146","title":"Guotai Haitong Remains a Buy on Zai Lab Ltd (1ZLB)","url":"https://stock-news.laohu8.com/highlight/detail?id=2616828146","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2616828146?lang=en_us&edition=fundamental","pubTime":"2026-03-01 13:06","pubTimestamp":1772341606,"startTime":"0","endTime":"0","summary":"Guotai Haitong analyst maintained a Buy rating on Zai Lab Ltd yesterday and set a price target of HK$27.94. Zai Lab Ltd has an analyst consensus of...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/guotai-haitong-remains-a-buy-on-zai-lab-ltd-1zlb-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/guotai-haitong-remains-a-buy-on-zai-lab-ltd-1zlb-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4531","ZLAB","BK4139","BK4548","BK4526","LU2488822045.USD","BK4585","BK4588"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2614923896","title":"Citi Reaffirms Their Buy Rating on Zai Lab Ltd (1ZLB)","url":"https://stock-news.laohu8.com/highlight/detail?id=2614923896","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2614923896?lang=en_us&edition=fundamental","pubTime":"2026-02-28 08:46","pubTimestamp":1772239576,"startTime":"0","endTime":"0","summary":"In a report released on February 26, from Citi maintained a Buy rating on Zai Lab Ltd, with a price target of HK$36.66. 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Introduction