**Key Developments**: - SIMCERE PHARMA (02096) subsidiary signed an exclusive licensing agreement with Ipsen for SIM0613 (LRRC15 antibody-drug conjugate). - CloudMinds (09678) launched the medical expert large-scale model "ShanHai·ZhiYi 5.0". - China Innovation Investment (00564) plans to establish Zhongchuang Zhiling (Zhengzhou) Industrial Investment Partnership for external investment activities. - BrainAct (06681) participated in a national key R&D project and was approved as a Beijing Key Laboratory for Cognitive Impairment Digital Therapeutics. - DeepTech (01384) entered into a strategic cooperation agreement with Moore Threads. - Shimao Services (00873) intends to form a partnership with Huludao Yongsheng.
**IPO Updates**: - Hansoh Biotech (03378) saw its Hong Kong public offering oversubscribed by 3,074.09x, with an issue price of HK$32 per share. - EasyHealth (02661) recorded 1,421.47x oversubscription for its Hong Kong public offering, priced at HK$22.68 per share. - NobiCart (02635) achieved 188.74x oversubscription for its Hong Kong public offering, priced at HK$80 per share.
**Operational Performance**: - SANHUA (02050) issued a profit alert, expecting annual attributable net profit to rise 25%-50% YoY. - CATHAY PAC AIR (00293) carried 2.53 million passengers in November, up 26% YoY. - Top Sports (06110) reported a high single-digit decline in total Q3 retail and wholesale sales.
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