On July 15, 3SBio rose 5.64% in regular trading, trading at HK$18.41/share, with turnover of HK$161 million. The stock rebounded sharply after declining 5.49% in the prior session.
The rally was driven by broad-based strength across the biotech and innovative drug sector, supported by continued policy tailwinds and robust licensing deal activity. Industry data shows that domestic innovative drug outbound BD transactions in the first half of the year reached approximately US$99.7 billion in total value, representing 73% of last year's full-year total and double the 2024 figure. Meanwhile, medical insurance policies supporting innovative drugs continue to be implemented, including a pre-filing mechanism announced in May that accelerates the innovative drug reimbursement pathway.
Within the Biotechnology sector where 3SBio belongs, stocks gained broadly. Among peers, SKB Bio up 9.9%, Innovent Bio up 7.0%, Akeso up 6.83%, Remegen up 4.3%, and BeiGene up 2.37%. 3SBio itself has benefited from its PD-1/VEGF bispecific antibody 707 licensed to Pfizer, with the company also conducting share buybacks totaling 8.52 million shares in June and maintaining a dividend of HK$0.25/share payable in August.
(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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