On October 14, METIS TECHBIO-P falls 5.6% in Regular Trading, trading at HK$11.13, with turnover of HK$37.53 million.
The move aligns with continued weakness across Hong Kong-listed biotechnology shares, where AI drug discovery names remained under pressure and sector-wide correction was cited as the main driver.
Recent public disclosures indicated the company posted interim revenue of RMB154 million, surging 13,399% year over year, while adjusted net loss narrowed 56.4% to RMB51 million. Even so, recent changes in US rate expectations have continued to weigh on long-duration, pre-profit biotech companies, overshadowing the company’s improving fundamentals in the near term.
(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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