HK-listed WuXi Biologics rises most in 4 weeks after strong H1 results

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HK-listed WuXi Biologics rises most in 4 weeks after strong H1 results

Reuters2021-08-24

** Shares of WuXi Biologics (Cayman) Inc climb as much as 9.7% to HK$124, heading for their biggest daily pct rise since July 28 and a second straight session of gains

** Stock hits the highest level since Aug. 13; second-biggest pct gainer on the benchmark Hang Seng Index

** Jiangsu, China-based co says H1 net profit jumped 163% to 1.77 bln yuan ($273.1 mln) with revenue surging 126.7% to 4.41 bln yuan

** Brokerage Daiwa reaffirms "buy" rating, saying its revenue growth was a solid beat and growing number of projects provides a solid ground for its long-term growth

** The Hong Kong Hang Seng Commerce & Industry Index surges 2.7% and the healthcare index jumps 3.1%

** The Hang Seng China Enterprises Index rises 1.6%, and the benchmark index climbs 1.2%

** As of last close, stock had risen 9.9% this year

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Colin08
·2021-08-24
Bio stock is usually safe to buy
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yeelyn18
·2021-08-24
Cool
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3
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- yeelyn18:
  Nice
  2021-08-24
  Reply
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Jaymand
·2021-08-24
Like pls
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5
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- Desmond669:
  Ok
  2021-08-24
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- jerminos:
  Done!
  2021-08-24
  Reply
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Jayne seah
·2021-08-24
Ok
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- Milankaka:
  Ok
  2021-08-24
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chongyeetan
·2021-08-24
pls like. ?
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- szueyann:
  ok
  2021-08-24
  Reply
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Heidit
·2021-08-24
Cool
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- Joker_Smile:
  ?
  2021-08-24
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Tj23
·2021-08-24
Please like
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- szueyann:
  ok
  2021-08-24
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balaranjith
·2021-08-24
Nice
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