
Sino Biopharmaceutical rises on progress of breast cancer drug

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Sino Biopharmaceutical shares rose 5.6% to HK$6.97, marking the largest one-day gain since November 13. The stock reached its highest point since January 29, continuing a six-day upward trend. The company announced that its breast cancer drug TQB2102, a HER2 bispecific ADC, is in phase III clinical trials, with subject enrollment recently completed. Year-to-date, the stock is up 12%, while the Hang Seng Biotech Index has increased by 13.4%.

