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Hong Kong Stock Market Midday Review | Hang Seng Index rose 1.84% in the morning session, while the Hang Seng Innovative Drug Index surged 4.5%.

Zhitong Finance ·  Mar 6 12:00

The biopharmaceutical industry has entered the list of "emerging pillar industries" for the first time, with both BD and performance expected to serve as dual growth drivers.

According to Zhitong Finance APP, the Hang Seng Index rose; the Hang Seng Tech Index rose. The turnover of Hong Kong stocks in the morning session was HKD 900 million.

The Hang Seng Tech Index surged by 3.68%. Alibaba denied rumors that the entire Qwen model team had resigned. The blue-chip stock Alibaba-W (09988) rose by 4.28%.

The Hang Seng Innovative Pharmaceuticals Index soared by 4.5%. Biomedicine has entered the 'emerging pillar industries' for the first time, with both business development and performance expected to drive growth. Pharmjet-B (02617) skyrocketed by over 34%; By-Health (02609) surged by 21%; Hutchison China MediTech (00013) increased by 8%; 3SBio (01530) climbed by 10%; Hengrui Pharma (01276) rose by 5.45%; Innovent Bio (01801) gained 5.42%.

Immxun-B (01541) surged by more than 16% after its subcutaneous formulation IMM0306S for treating systemic lupus erythematosus received IND approval.

Biocytogen-B (02315) surged by over 12%, expecting a net profit attributable to shareholders in 2025 to increase by over 4.16 times year-on-year. Accelerated commercialization is opening up growth opportunities.

Henlius (02696) rose by over 5% after its self-developed KAT6A/B small molecule inhibitor HLX97 received IND approval from the National Medical Products Administration.

RemeGen (09995) surged by over 8%, with a profit attributable to shareholders of RMB 709 million in 2025. Institutions predict a significant increase in its cash reserves.

JD.com-SW (09618) rose by 8.5%, with revenue exceeding RMB 1.3 trillion last year and active users surpassing 700 million; JD Logistics (02618) surged by over 21%.

Meitu (01357) rose by nearly 7%, with institutions noting that AI can amplify the scale and structural advantages of leading editing platforms.

Nonferrous metal stocks led declines. Copper and aluminum inventories accumulated significantly during the Spring Festival, and the strength of the peak season will be tested. Chalco (02600) fell by 4.9%.

Prada (01913) fell over 7% after reporting earnings. Last year's net profit increased by 1.6% year-on-year, while Versace incurred an operating loss.

The translation is provided by third-party software.


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