BRIEF: Duality Biotherapies surges in Hong Kong trading debut
Shares of biotech firm Duality Biotherapeutics Inc. (9606.HK) opened up 91% at HK$181 on Tuesday and continued to climb in their Hong Kong trading debut, closing up 127% at HK$214.80…
BRIEF: Fangzhou adjusted profit jumps 139% on improving technology, efficiency
Online healthcare platform Fangzhou Inc. (6086.HK) announced last Friday its revenue rose 11.2% last year to 2.71 billion yuan ($374 million). Its annual net loss widened from 197 million yuan…
BRIEF: Hutchmed profit falls on shrinking R&D income
Hutchmed (China) Ltd. (HCM.US; 0013.HK; HCM.L), a biopharmaceutical company controlled by CK Hutchison Holdings (0001.HK), said its revenue fell 24.8% last year to $630 million, according to its annual results…
BRIEF: Ping An Healthcare records first annual profit
Ping An Healthcare and Technology Co. Ltd. (1833.HK) on Wednesday reported its revenue rose 2.9% last year to 4.81 billion yuan ($665 million), as it ended years of losses to…
BRIEF: Yonghe Medical’s loss narrows on improved efficiency
Hair transplant specialist Yonghe Medical Group Co. Ltd. (2279.HK) said on Tuesday it expects its net loss for 2024 to narrow significantly to 246 million yuan ($33.73 million) or less,…
NEWS WRAP: Surging Xtalpi seizes on tech rally to raise $267 million
The Tencent-backed AI drug developer announced a major new fundraising as it steps up its AI project development By Teri Yu AI drug discovery company XtalPi Holdings Ltd. (2228.HK) announced…
BRIEF: AK Medical posts big profit gain in 2024
Orthopedic products maker AK Medical Holdings Ltd. (1789.HK) said on Sunday it expects to report its profit last year rose more than 50% year-on-year. That means the company is likely…
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