Major Brokerage CLSA: Momentum in China’s Healthcare Licensing Deals Strengthens; Maintains Positive Outlook on the Sector

Lyon released a research report stating that China's healthcare sector has recently completed four major business development (BD) and partnership deals. These include Hengrui Pharma (01276.HK) with

AASTOCKSOct 6 11:09

JPMorgan: Not overly concerned about the impact of rising interest rates on China's healthcare sector, and remains bullish on biotechnology and CXO services.

JPMorgan released a report stating that, as global interest rates—particularly the yields on 10-year and 30-year U.S. Treasuries—rise, the risk-free rate used in its DCF model and the stock valuations based on DCF are under greater pressure than before. Consequently, the firm has reassessed the potential impact of interest rates on Chinese healthcare valuations, especially within the biotechnology and CXO subsectors. If a higher risk-free rate is adopted in the DCF analysis, companies such as Insilico Medicine (03696.HK) in the AIDD space, GenScript (01548.HK) and Wuxi Apptec (02359.HK) in the CXO sector, and Junshi Biosciences (018…

AASTOCKSOct 6 10:19

China Healthcare: Do Interest Rates Affect Stock Valuations? Assessing Sensitivity

Main pointsThe rise in interest rates has had only a limited impact on the valuations of Chinese healthcare stocks, and there is no consistent correlation pattern. Although, in theory, an increase

CSOPOct 5 15:48

UOB Kay Hian’s October Stock Picks: Investment Ratings and Target Prices (Table)

DH Capital has released a research report, outlining its stock-picking list for October, which includes investment ratings and target prices for 11 stocks, as detailed below:Shares | Investment

AASTOCKSOct 5 12:58

[Major Brokerage] UOB Kay Hian adds Didi (DIDIY.US), Sino Land (00083.HK), and Trip.com (09961.HK) to its Greater China stock picks; expects market volatility to continue in October

Dahua Jixian's research report indicates that Chinese equities posted declines in September, with the Hang Seng Index and the MSCI China Index falling 3.7% and 4.7%, respectively, on a monthly basis.

AASTOCKSOct 5 12:55

[Hong Kong Stocks] Hang Seng Index closes down 640 points; financial stocks take a hit as HSBC falls nearly 5%, breaking below the HK$150 threshold

On Thursday, October 1, the three major U.S. stock indexes fluctuated higher. After hitting more than 24-year highs, yields on 10-year and 30-year U.S. Treasury bonds retreated, while an increasing

AASTOCKSOct 2 16:45