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HUTCHMED Secures New AIM Block Admission for 2026 Share Option Scheme
CITIC Securities: Pharmaceuticals and Biologics Experience Concurrent Growth and Adjustment; Watch for Sector Bottoming and Recovery Inflection Point
The pharmaceutical distribution sector is demonstrating steady and improving revenue performance, with the effects of accounts receivable policies gradually materializing. Large central state-owned enterprises and entities showing expectations of operational improvement remain attractive investment targets.
Bank of America Securities Sticks to Their Buy Rating for HUTCHMED (HCM)
Morgan Stanley Reaffirms Their Hold Rating on HUTCHMED (China) (HCM)
Major Broker: Morgan Stanley's Investment Ratings and Target Prices for Chinese Biotech Stocks (Table)
Morgan Stanley published a research report listing the investment ratings and target prices for Chinese biotech stocks as follows: Stock | Investment Rating | Target Price (HKD) Confo Therapeutics-B (02162.HK) | Overweight | HK$93.5 → HK$97 Innovent Bio (01801.HK) | Overweight | HK$130 → HK$135 LegoChem Biosciences-B (09887.HK) | Equal-weight | HK$59 → HK$62 HUTCHMED (00013.HK) | Underweight → Equal-weight | HK$21.4 → HK$21.3
Morgan Stanley Upgrades Hutchmed (China)(HCM.US) to Hold Rating, Cuts Target Price to $13.6