BUZZ-BeiGene's H-shares hit 4-week peak on products inclusion in China drug catalog

Reuters
2024-11-29
BUZZ-BeiGene's H-shares hit 4-week peak on products inclusion in China drug catalog

** H-shares of BeiGene 6160.HK jump 4.9% to HK$128.2, highest since Oct. 30

** Stock set for third consecutive session of gains

** Shanghai stock 688235.SS of the Chinese oncology treatments developer rises 2.5% to 180.39 yuan

** BeiGene says few of its oncology products will be included in the National Medical Insurance Drug Catalog effective Jan. 1, 2025

** Adds inclusion will benefit marketing and sales of the products

** YTD, Hong Kong stock gains 11% vs Shanghai shares' 30.4% rise

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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