Movement Alert|XTALPI Rises 5.2% in Regular Trading, Broker Maintains Buy Rating as Pharma Sector Rally Continues

Market Focus08-05

On August 5, XTALPI rose 5.2% in regular trading, trading at HKD 7.32/share, with turnover of HKD 217 million.

On the news front, Zheshang Securities published a research report on August 3 maintaining a Buy rating on XTALPI. The broker noted that after excluding the high-base effect from a one-time DoveTree pipeline BD payment in the prior-year period, the company's core business revenue reached RMB 250 million, representing 65% year-over-year growth. Notably, its AI for Science intelligent solutions segment generated over RMB 180 million in revenue, surging 120% year-over-year.

Additionally, the Hong Kong-listed healthcare sector rallied broadly on August 4, with WuXi AppTec gaining over 12% and Genscript Biotech rising over 10%. This sector momentum carried into today's session, providing further support for XTALPI's share price.

(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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