Giant Biogene Shares Extend Rally with Over 7% Surge Following CCTV Factory Feature

Stock News04-21

Giant Biogene (02367) saw its shares rise more than 7% again. At the time of writing, the stock was up 5.8%, trading at HK$31.38 with a turnover of HK$189 million. The momentum follows a deep-dive factory visit feature aired by CCTV Finance and CCTV News on April 14. Host Chen Weihong toured Giant Biogene's facilities, detailing the complete process from gene sequence replication to large-scale production of recombinant collagen. The report also disclosed the latest breakthroughs in recombinant collagen transdermal technology, showcasing China's biotechnology prowess from laboratory research to consumer market applications. Changjiang Securities noted that while the company's revenue and profit may face short-term pressure in the second half of 2025, it has demonstrated strong resilience in cost control. With the recent approvals of two Class III medical devices—"Recombinant Type I α1 Subtype Collagen Lyophilized Fibers" and "Recombinant Type I α1 Subtype Collagen and Sodium Hyaluronate Compound Solution"—the company continues to exhibit leading innovation capabilities and strategic focus. The subsequent commercialization of these two medical aesthetic products, along with the launch of several new skincare items, is highly anticipated. Investors are advised to keep a close watch on the company's new product and business developments.

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