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A quick look at the Hong Kong market | Hong Kong stocks explode! The Ke Index rose nearly 5%; domestic housing stocks and auto stocks improved, Sunac China rose more than 15%, and Xiaopeng Motors rose nearly 9%
Technet stocks performed brilliantly. Kuaishou rose more than 7%, JD rose nearly 6%; biotech stocks generally rose, Tiger Pharmaceuticals rose more than 8%, and Pharmaceutical Biotech rose nearly 6%.
Tiger Pharmaceuticals (300347): Business performance is basically in line with expectations, and innovation support policies are expected to reverse
Matters: The company released its 2024 quarterly report. Q1 achieved revenue of 1,660 million yuan (-8.00%), realized net profit of 235 million yuan (-58.65%), and net profit after deducting non-return to mother was 303 million yuan (-20)
Changes in Hong Kong stocks | Tiger Pharmaceuticals (03347) rose more than 8% to lead CRO concept stocks, reports say the national level is expected to introduce an action plan for the biological manufacturing industry in the near future
CRO concept stocks increased their gains in the afternoon. As of press release, Tiger Pharmaceuticals (03347) rose 8.39% to HK$33.6; Kanglong Chemical (03759) rose 7.16% to HK$9.43; Pharmaceutical Biotech (02269) rose 6.75% to HK$13.6; and Pharmaceuticals (02359) rose 4.74% to HK$35.35.
The innovative drug sector fluctuated higher. Alice rose and stopped at 20CM, Sansheng Guojian rose more than 10%, and Tiger Pharmaceuticals, Changshan Pharmaceutical, Fuxiang Pharmaceutical, and Shenzhou Cell registered higher gains.
The innovative drug sector fluctuated higher. Alice rose and stopped at 20CM, Sansheng Guojian rose more than 10%, and Tiger Pharmaceuticals, Changshan Pharmaceutical, Fuxiang Pharmaceutical, and Shenzhou Cell registered higher gains.
Statistics on changes in the share of Zhitong Hong Kong Stock Connect | April 26
According to data disclosed on April 25, 2024, Shengnuo Pharmaceutical-B (02257.HK), Tiger Pharmaceuticals (03347.HK), and Peer Hunting (06100.HK) Hong Kong Stock Connect held the largest share value added, increasing 0.58%, 0.47%, and 0.39% respectively; China Alcoa International (02068.HK), Luoyang Yiye (03993.HK), and Country Garden Services (06098.HK) had the largest share losses, decreasing -0.0.75%, -0.3%, respectively -0.57%.
Featured announcements | CNOOC's net profit for the first quarter was nearly 40 billion yuan; China Aluminum's net profit for the first quarter increased 23.01% year-on-year
ZTE's net profit for the first quarter increased by 3.74% year on year; Times Electric's net profit for the first quarter increased by 30.44% year on year.
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