Understanding the Market | QYUNS-B rose over 11% during the session, its QX031N licensed to Roche; institutions say this transaction has certain rarity

Zhitong
2025.11.03 06:28
portai
I'm PortAI, I can summarize articles.

QYUNS-B's stock price rose over 11% during intraday trading, and as of the time of writing, it has increased by 4.78%, reaching HKD 22.82, with a transaction volume of HKD 12.2938 million. The company has reached a global exclusive collaboration and licensing agreement with Roche, involving the long-acting self-immune dual antibody QX031N. QYUNS will receive a USD 75 million upfront payment and up to USD 995 million in milestone payments. Zhongyou Securities pointed out that this transaction demonstrates the clinical value and market potential of QX031N, which possesses a certain degree of rarity