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30.08.26 - 11:48
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CXMT joins growing list of Chinese tech firms suing US Pentagon over blacklists (SCMP)
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Leading chipmaker ChangXin Memory Technologies (CXMT) has joined a growing list of Chinese technology companies suing the US government over their additions to Pentagon blacklists, as legal experts said US courts had shown a willingness to hold the Department of Defence to account.
Recent rulings involving Chinese tech firms including lidar sensor maker Hesai Group, drone manufacturer DJI and biotech firm WuXi AppTec indicated that judges were prepared to scrutinise the US government's evidence......
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27.08.26 - 19:30
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WUXI APPTEC Sells 4.23% Stake in WUXI XDC, Cashes In HKD3.9B (AAStocks)
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WUXI APPTEC (02359.HK) announced that on Aug 26, it sold a 4.23% stake in WUXI XDC (02268.HK) through block trades, involving 53.524 million shares with transaction value of HKD3.92 billion. The price per share was approximately HKD73.24. The cash proceeds will be used to continue focusing on its core business and accelerate the......
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24.08.26 - 21:00
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WUXI APPTEC Biology Business DEL Platform Experiences Cybersecurity Incident (AAStocks)
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WUXI APPTEC (02359.HK) announced that its biology business segment recently experienced a cybersecurity incident, in which certain data on its DNA Encoded Library (DEL) platform was subject to unauthorized access. The DEL platform is a professional encoded chemical synthesis library used for early-stage discovery projects.The co......
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17.08.26 - 12:06
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China′s pharma contractors rally as US supply chain pressures face industry resistance (SCMP)
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China's pharmaceutical contractors are showing financial resilience in the face of Washington's push to curb reliance on Chinese supply chains.
Analysts said investors were bullish because the US government's recent measures to curb Beijing's rise as a global pharmaceutical supplier had met resistance from industry players reluctant to give up China's cost advantages.
Hong Kong-listed shares of WuXi AppTec, Asia's largest provider of contract pharmaceutical research, gained 3 per cent on Monday......
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10.08.26 - 10:30
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Full-day Takeaway: HSI Up 269 pts; HSTI Up 61 pts; LAOPU GOLD Up over 12%; LENOVO GROUP, WUXI APPTEC, TECHTRONIC IND, WUXI BIO, GENSCRIPT BIO Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 269 pts or 1.0% to 25,937. HSTI rose 61 pts or 1.3% to 4,919. HSCEI gained 90 pts or 1.1% to 8,621. Market turnover reached $240.28 billion.Active Heavyweights:BABA (09988.HK) closed at $126.7, up 2.3%XIAOMI (01810.HK) closed at $27.62, up 2.1%TENCENT (00700.HK) closed at $481.4, up 0.5%HSI & HSCEI Constituent......
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10.08.26 - 06:15
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Midday Takeaway: HSI Closes Midday at 25,853, Up 185 pts; HSTI Closes Midday at 4,876, Up 17 pts; LAOPU GOLD Up over 8%; WUXI APPTEC, WUXI BIO, TECHTRONIC IND, GENSCRIPT BIO, SITC Hit New Highs (AAStocks)
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At midday close, HSI rose 185 pts or 0.7% to 25,853. HSTI rose 17 pts or 0.4% to 4,876. HSCEI gained 56 pts or 0.7% to 8,587.Active Heavyweights:BABA (09988.HK) closed at $126.4, up 2.1%XIAOMI (01810.HK) closed at $27.3, up 0.9%TENCENT (00700.HK) closed at $478.4, down 0.1%HSI & HSCEI Constituents on Move:LAOPU GOLD (06181.HK) c......
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