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13.10.25 - 04:54
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Hong Kong stocks post longest decline in 9 months on renewed US-China tensions (SCMP)
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Hong Kong stocks fell for a sixth day on Monday, the longest losing streak in nine months, as a flare-up in US-China trade tensions kept investors on edge.
The Hang Seng Index fell 2.2 per cent to 25,705.68 as of 10.05am local time, matching a six-day run in early January. The Hang Seng Tech Index dropped 2.5 per cent.
On the mainland, the CSI 300 Index slid 1.7 per cent and the Shanghai Composite Index retreated 1.4 per cent.
Biotech major WuXi AppTec, which has a huge exposure to the US,......
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09.10.25 - 06:15
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Midday Takeaway: HSI Closes Midday at 26,840, Up 11 pts; HSTI Closes Midday at 6,555, Up 41 pts; HANG SENG BANK Up over 26%; HANG SENG BANK, ZIJIN MINING, WUXI APPTEC, CHINAHONGQIAO, SH ELECTRIC Hit New Highs (AAStocks)
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At midday close, HSI rose 11 pts or 0.0% to 26,840. HSTI rose 41 pts or 0.6% to 6,555. HSCEI gained 49 pts or 0.5% to 9,573.Active Heavyweights:MEITUAN (03690.HK) closed at $104.5, up 0.8%BABA (09988.HK) closed at $176.4, down 0.7%XIAOMI (01810.HK) closed at $53.75, down 0.2%TENCENT (00700.HK) closed at $674.5, down 0.1%HSI & HS......
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09.10.25 - 04:30
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IMMUNEONCO-B Tumbles 12%+ on ~13% Discounted Shr Placement (AAStocks)
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After announcing a 12.97% discounted share placement, IMMUNEONCO-B (01541.HK) opened 5.7% lower this morning (9th) and once bottomed at HKD14.41. It last traded at HKD14.59, down 12.42%, with a volume of 3.992 million shares, involving HKD60.7679 million.IMMUNEONCO-B intends to place 24.2 million new H-shares (5.6% of the enlarg......
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09.10.25 - 03:48
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CK Life unit merges with TransCode as Li Ka-shing firm eyes anticancer drugs (SCMP)
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CK Life Sciences International is set to merge its subsidiary Polynoma with Nasdaq-listed TransCode Therapeutics, in a move expected to boost the pipeline of anticancer drugs, according to the biotech unit controlled by the Li Ka-shing family.
The agreement paved the way for TransCode to acquire the parent company of Polynoma from DEFJ, an indirect wholly owned unit of CK Life, the latter said in a filing with the Hong Kong stock exchange after trading hours on Wednesday.
In exchange, TransCode......
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