Stock Track | BeiGene Stock Plummets 5.83% on Tuesday, Recovery Expected in 2025

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BeiGene, a Chinese biopharmaceutical company, saw its stock (BGNE) plummet by 5.83% on Tuesday during the intraday trading session.

Despite the plunge, analysts at Deutsche Bank believe that the recovery momentum seen in China's healthcare companies, including BeiGene, since mid-August is expected to continue in 2025. This recovery is anticipated to be driven by the following factors:

  • The Chinese government's supportive policy on innovative drugs and pricing
  • An expected improvement in biotech funding environment

According to Cyrus Ng, an analyst at Deutsche Bank, China's healthcare stocks have lagged behind the Hang Seng Index in 2024 amid geopolitical tensions and a difficult biotech funding environment. However, with improved sentiment and the government's supportive measures, China's biotech funding is expected to start recovering gradually in 2025.

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