WUXI APPTEC Granted Court Approval for Preliminary Injunction Motion on 1260H List
I'm LongbridgeAI, I can summarize articles.WUXI APPTECannounced that the U.S. District Court for the District of Columbia granted its motion for a preliminary injunction on August 7, 2026. This ruling shields the company from immediate adverse effects of being placed on the U.S. Department of Defense's 1260H list while judicial proceedings challenging the designation continue.
WUXI APPTEC (02359.HK) +12.600 (+7.012%) Short selling $737.96M; Ratio 36.114% announced that on August 7, 2026 U.S. time, the U.S. District Court for the District of Columbia ruled on the company's motion for a preliminary injunction and granted the preliminary injunction sought by the company. The ruling shields the company from the immediate adverse effects arising from the 1260H designation during the judicial proceedings challenging the designation.
In June this year, the company filed a lawsuit regarding the U.S. Department of Defense's designation of the company on the 1260H list, and submitted a motion for a preliminary injunction to the court, seeking to prohibit the Department of Defense from enforcing, implementing or taking any other actions related to the 1260H designation.(de/d)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-07 16:25.)