MB-CSPC@EC2602A(13048.HK)

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MB-CSPC@EC2602A
13048.HK
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CSPC Pharmaceutical Grants 46.5 Million Restricted Shares to 727 Employees

CSPC Pharmaceutical Group has granted 46.5 million restricted shares to 727 employees as part of its equity incentive scheme. This represents about 0.4% of its issued share capital, with shares vesting in three tranches from January 2027 to January 2029, contingent on performance targets. The company retains 61.6 million shares for future grants. The latest analyst rating for CSPC stock (HK:1093) is a Hold with a price target of HK$10.50. CSPC focuses on the research, development, and sale of pharmaceuticals in both domestic and international markets.

Tip Ranks·
HK
01093
+1.34%
Tip Ranks·
HK
01093
+1.34%

CSPC PHARMA's subsidiary, CSPC Innovation, reported a loss of at least 170 million RMB last year

CSPC PHARMA's subsidiary, CSPC Innovation, issued a profit warning, expecting a loss of between 170 million and 250 million RMB for the fiscal year 2025, compared to a profit of 53.73 million RMB in the previous year. The reasons for the loss include an increase in R&D expenses to approximately 1 billion RMB, the acquisition of a minority stake in the controlling subsidiary, Jushi Biotech, leading to a greater impact on net profit, and a decrease in the gross profit margin of the functional raw materials business

AASTOCKS·
HK
01093
+1.34%
AASTOCKS·
HK
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+1.34%

The Hang Seng Index rose 268 points in half a day, with the 27,000 mark "gained and lost," as innovative drug stocks collectively surged. Three new stocks had a weak finish｜Hong Kong Stock Market Afternoon Session

The Hang Seng Index opened 350 points higher this morning, reaching a maximum of 27,143 points during the day, and closed at 26,877 points, up 268 points or 1.01%. Alibaba rose 3.5%, JD.com rose 1.11%, and Tencent rose 0.48%; Xiaomi, Meituan, and Baidu, on the other hand, declined. Innovative drug stocks collectively rose, with WuXi AppTec up 7.67% and CSPC PHARMA up 5.5%. Automotive stocks generally rose due to the consensus reached on electric vehicles between China and Europe, with BYD up 3.19%. The newly listed stocks today showed volatility, with Zhaoyi Innovation once rising over 53.5%

Stheadline·
HK
01093
+1.34%
Stheadline·
HK
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+1.34%

CSPC Pharma's Marketing Application for Glycemic Control Drug Accepted in China

CSPC Pharma's Marketing Application for Glycemic Control Drug Accepted in China

marketscreener·
HK
01093
+1.34%
marketscreener·
HK
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+1.34%

Hong Kong Stock Movement: MODERN CHI MED International Breakthrough, Stock Price Soars 19.64% Sparking Market Discussion

Modern Chi Med rose 19.64%; CSPC PHARMA fell 0.66%, with a transaction volume of HKD 752 million; SINO BIOPHARM fell 0.73%, with a transaction volume of HKD 271 million; HANSOH PHARMA rose 1.30%, with a transaction volume of HKD 201 million; HENGRUI PHARMA fell 1.86%, with a market value of HKD 506.4 billion

HK Stock Movers Tracker·
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HK
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+2.00%
HK Stock Movers Tracker·
HK
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0.00%
HK
01093
+1.34%
HK
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+2.00%
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