share_log

港股异动 | 康希诺生物(06185)尾盘跌超4% 科兴新冠疫苗被曝停产 里昂大幅下调康希诺目标价

Changes in Hong Kong stocks | Cansino Biotech (06185) fell more than 4% at the end of the session, it was revealed that Kexon's COVID-19 vaccine was discontinued, and Lyon drastically lowered the target price of Cansino

Zhitong Finance ·  Jan 12 15:51

Cansino Biotech (06185) fell more than 4% at the end of the session. As of press release, it was down 3.69% to HK$20.9, with a turnover of HK$158.48,900.

The Zhitong Finance App learned that Cansino Biotech (06185) fell more than 4% at the end of the session. As of press release, it fell 3.69% to HK$20.9, with a turnover of HK$158.48,900.

According to the news, on January 10, a document called “Stop Issuance of COVID-19 Program Performance Pay Plan” was distributed online. It was paid by Beijing Kexing Zhongwei Biotechnology Co., Ltd. It mentioned that all of the company's COVID-19 vaccines have been discontinued and that the company currently does not sell COVID-19 vaccine products. According to reports, many manufacturers, including Cansino Biotech, have previously suspended production of COVID-19 vaccines.

Furthermore, Lyon released a research report stating that while maintaining Cansino Biotech's “buy” rating, the target price was drastically reduced from HK$200 to HK$29. The bank expects Cansino Biotech's sales to reach 374 million yuan in 2023, a year-on-year decrease of 63.9%, and the net loss is expected to increase to 1,125 million yuan due to the decline in COVID-19 vaccine sales. After a difficult year in 2023, the bank believes that the company's profit and loss in 2024 will reverse as MCV vaccine sales increase.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment