WUXI APPTEC's stock soared 6.3% in intraday trading on Friday, outperforming the broader Hong Kong market. The biotech company's rally was part of a broader advance in Hong Kong stocks as investors anticipated potential economic stimulus measures ahead of a key policy meeting next week.
The Hang Seng Index rose 1% on Friday morning, with the Hang Seng Tech Index also gaining 1%. Notable gainers included WuXi Bio, up 4.1%, Trip.com Group advancing 4.1%, Li Auto rising 2%, and tech giants Alibaba and Tencent both gaining around 1%.
Investors are optimistic about potential supportive policies from the upcoming central economic work conference, where President Xi Jinping and top policymakers are expected to outline major economic policies for 2025. Priorities are likely to include addressing local government debt, the property market, boosting consumption, and promoting technological innovation.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。