Biocytogen and Qilu Pharmaceutical sign agreement for VHH antibody molecule
Pharmaceutical Business Review·Top 10 HK Stock Gainers (9.2)
Top Gainers&Losers·HK Market Midday: Hang Seng Pares Losses to Under 100 Points; NEV Stocks Slide Broadly
Market Pulse·- On September 2 afternoon, Hong Kong stock indices narrowed their losses, with the Hang Seng Index down 0.36% to 25,239.12 points and a total half-day turnover of about 1196 billion HKD. - Sector performances varied significantly, as technology stocks diverged, new energy vehicle stocks dropped collectively with Li Auto falling over 4%, and biomedical stocks showed localized resilience. - Market sentiment remained pressured by ongoing concerns over vehicle delivery data and corporate earnings, alongside general declines in Chinese brokerage, gold, and semiconductor stocks.Hong Kong Midday: Hang Seng Down 0.96% as Gold Miners, EV Stocks Slide; Biotech Bucks the Trend
Market Pulse·- Hong Kong stocks closed lower at noon on Sep 2, with the Hang Seng Index falling 0.96% to 25,087 points and a total turnover of about 68 billion HKD. - Gold, non-ferrous metals, new energy vehicles, and Chinese brokerage stocks led the market decline, driven by factors such as Middle East tensions and downward target price adjustments. - Biomedical stocks and specific companies like Kingboard Laminates and Xiaomi bucked the trend to show gains, supported by factors including strong net profit growth and upcoming product launches.H&H, AK Medical Post Double-Digit Revenue Beats as Jiangxi Bank Moves to Shore Up Capital
Global Report·- H&H International Holdings and AK Medical reported strong financial growth in 2026, driven by expanding nutrition and overseas medical device businesses. - Regional financial institutions like Jiangxi Bank faced asset quality pressures and capital replenishment challenges, while Bank of China (Hong Kong) expanded in Southeast Asia. - Other market players showed mixed performances, including Red Star Macao turning a profitable net income and Rongzun International expecting a widened loss.