Movement Alert|LEADS BIOLABS-B Falls 5.6% in Regular Trading, Biotech Sector Weakness Compounds Post-Volatility Profit-Taking

Market Focus09:48

On September 24, LEADS BIOLABS-B fell 5.6% in regular trading, trading at HK$53.2/share, with turnover of HK$25.81 million.

The decline came amid broad weakness across the biotechnology sector. Within the sector, AKESO fell 3.23%, REMEGEN fell 4.63%, EVEREST MED fell 3.86%, INNOVENT BIO fell 2.51%, and BEONE MEDICINES fell 1.1%, reflecting subdued sector sentiment.

At the individual stock level, LEADS BIOLABS-B has experienced sharp swings in recent sessions — dropping 5.59% on September 22 following disclosure that its employee incentive platform Nanjing Lizhi sold approximately 859,100 shares at an average price of HK$63.69, then rebounding 5.54% on September 23 as markets digested the selection of its pivotal Phase IIb EP-NEC study as a Late-Breaking Abstract at ESMO 2026. The renewed selling pressure suggests short-term profit-taking continues. Additionally, the company reported an interim net loss of approximately RMB 222 million, widening 33.38% year-over-year, underscoring that fundamentals remain in a loss-making phase.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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