
New Stock Debut | HAIXI PHARMA listed on its first day with an opening increase of 18.02%, with four core generic drugs contributing over 90% of its revenue

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HAIXI PHARMA listed on its first day, opening up 18.02%, with a share price of HKD 86.40, issuing 11.5 million shares and net fundraising of approximately HKD 940 million. The current stock price is HKD 102, with a trading volume of HKD 142 million. The company's core generic drugs contribute over 90% of its revenue, with expected revenue of HKD 425 million in 2024. Its innovative drug pipeline includes several drugs under research, with the fastest, C019199, expected to enter Phase III trials in the second half of the year
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