---
title: "Market Insight | WuXi AppTec's stock drops over 14% without any decision on selling its WuXi ATU business"
description: "WuXi AppTec fell more than 14%, as of the time of publication, it dropped by 14.64% to HKD 58.9, with a turnover of HKD 2.144 billion. On the news front, WuXi AppTec issued an announcement stating tha"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/216165212.md"
published_at: "2024-10-08T07:24:04.000Z"
---

# Market Insight | WuXi AppTec's stock drops over 14% without any decision on selling its WuXi ATU business

> WuXi AppTec fell more than 14%, as of the time of publication, it dropped by 14.64% to HKD 58.9, with a turnover of HKD 2.144 billion. On the news front, WuXi AppTec issued an announcement stating that the company has noted recent media reports that it plans to sell its WuXi ATU business. As indicated in the company's response to media inquiries, the company is currently evaluating various options to maintain the ongoing operation of the WuXi ATU business. In this evaluation process, the company's top priority is the employees of WuXi ATU and all global patients in urgent need of treatment solutions provided by WuXi ATU to save lives. As of the date of this announcement, the company has not made any decisions on the above matters, nor has it signed any binding substantive agreements with any relevant parties. There is uncertainty as to whether the company will ultimately choose to sell WuXi ATU or retain and implement other options to ensure the continued operation of the business. The company will issue further announcements in a timely manner (if necessary) in accordance with applicable laws and regulations once the relevant matters are clarified

According to the information from the Wise Finance APP, WuXi AppTec (02359) fell more than 14%, as of the time of publication, it dropped by 14.64% to HKD 58.9, with a turnover of HKD 2.144 billion.

On the news front, WuXi AppTec issued an announcement stating that the company has noticed recent media reports that it plans to sell its WuXi ATU business. As indicated in the company's response to media inquiries, the company is currently evaluating various options to maintain the continuous operation of the WuXi ATU business. The top priority in this evaluation process is the employees of WuXi ATU and all global patients in urgent need of life-saving treatment solutions provided by WuXi ATU.

As of the date of this announcement, the company has not made any decisions on the above matters, nor has it signed any binding substantive agreements with any relevant parties. There is uncertainty as to whether the company will ultimately choose to sell WuXi ATU or retain and implement other options to ensure the continuous operation of the business. The company will make further announcements in a timely manner in accordance with applicable laws and regulations once the relevant matters are clarified (if necessary)

### Related Stocks

- [603259.CN - WuXi AppTec](https://longbridge.com/en/quote/603259.CN.md)
- [02359.HK - WUXI APPTEC](https://longbridge.com/en/quote/02359.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.