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over...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/9551728-choice1-main-header/1585186657000","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/9551728-choice1-main-header/1585186657000"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/pharmaceuticals-biotech/hkg-2269/wuxi-biologics-cayman-shares/news/wuxi-biologics-cayman-incs-hkg2269-stock-has-seen-strong-mom","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK1521","IE00B0JY6N72.USD","LU0516423174.USD","LU0320764599.SGD","LU1720050803.USD","LU1794554557.SGD","LU0348825331.USD","LU0819121731.USD","LU0823426480.USD","LU0516422366.SGD","BK1576","LU0307460666.USD","LU0456827905.SGD","LU0516423091.SGD","BK1141","LU0140636845.USD","LU0051755006.USD","LU0516422440.USD","LU0572944931.SGD","LU0326950275.SGD","02269","LU0417516902.SGD","LU0043850808.USD","LU0516422952.EUR","LU0359202008.SGD","LU0588546209.SGD","SG9999002562.SGD","SG9999002463.SGD","LU0417516738.SGD","LU0327786744.USD","LU1242518857.USD","LU0348735423.USD","BK1610","LU1242518931.SGD","LU0979878070.USD","LU1880383366.USD","LU0708995583.HKD","LU0823426308.USD","LU0181495838.USD","LU0856984785.SGD","LU1688375341.USD","BK1589","LU0359201612.USD","LU0456846285.SGD","LU2039709279.SGD","LU0052750758.USD","LU0039217434.USD"],"gpt_icon":0},{"id":"2513071291","title":"Greater China Stocks Slip; Taiwan Sees Largest Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2513071291","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513071291?lang=en_us&edition=fundamental","pubTime":"2025-02-24 16:30","pubTimestamp":1740385800,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Hong Kong's Hang Seng Index slipped 0.6% to 23341.61, and China's Shanghai Composite Index slipped 0.2% to 3373.03. The Taiwan Taiex index slipped 0.7% to 23565.31.Among Hang Seng constituents, WuXi AppTec Co. Ltd. posted the largest decline, dropping 10%, followed by shares of Wuxi Biologics  Inc., which dropped 9.0%. Shares of Kuaishou Technology dropped 5.6%.China Resources Mixc Lifestyle Services Ltd. was the biggest gainer among companies on the Hang Seng, surging 7.8%, and Longfor Group Holdings Ltd. surged 5.9%. Sands China Ltd. rounded out the top three movers on Monday, as shares surged 5.2%.Among large mainland China stocks, Beijing QingCloud Technology Group Co. Ltd. A posted the largest decline, dropping 15%, followed by shares of Shengyi Electronics Co. Ltd. A, which dropped 13%. Shares of UCloud Technology Co. Ltd. A dropped 13%.In Taiwan, Advanced Energy Solution Holding Co. Lt","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0326950275.SGD","00960","LU0417516902.SGD","BK0214","LU0979878070.USD","BK0231","SCHYY","LU0516423091.SGD","688388","LU0359202008.SGD","LU2097828714.EUR","LU0315179316.USD","688165","LU1794554557.SGD","BK1258","LU0251144936.SGD","81024","01209","688183","688158","BK1583","LU0348766576.USD","LU0456827905.SGD","LU0516422952.EUR","LU0572944931.SGD","BK1608","IE00B0JY6N72.USD","LU0039217434.USD","LU2097828474.EUR","688316","LU0048597586.USD","BK1542","LU0708995583.HKD","BK1095","LU0516422440.USD","BK1610","02269","LU0359201612.USD","BK1521","LU0307460666.USD","LU2097828631.EUR","LU0823426480.USD","BK0256","LU0043850808.USD","01024","LU1242518931.SGD","688379","BK1141","LU0823426308.USD","01928"],"gpt_icon":1},{"id":"2512444415","title":"Nomura Adjusts WuXi Biologics (Cayman)'s Price Target to HK$30.59 From HK$19.30, Keeps at Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2512444415","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512444415?lang=en_us&edition=fundamental","pubTime":"2025-02-20 16:57","pubTimestamp":1740041856,"startTime":"0","endTime":"0","summary":"Nomura Adjusts WuXi Biologics (Cayman)'s Price Target to HK$30.59 From HK$19.30, Keeps at Buy","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["NMR","02269"],"gpt_icon":0},{"id":"2511362452","title":"WuXi Biologics (Cayman) (HKG:2269) earnings and shareholder returns have been trending downwards for the last three years, but the stock ascends 9.4% this past week","url":"https://stock-news.laohu8.com/highlight/detail?id=2511362452","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511362452?lang=en_us&edition=fundamental","pubTime":"2025-02-15 08:48","pubTimestamp":1739580522,"startTime":"0","endTime":"0","summary":"It is a pleasure to report that the WuXi Biologics (Cayman) Inc. ( HKG:2269 ) is up 55% in the last quarter. But that...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/9551728-choice1-main-header/1585186657000","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/9551728-choice1-main-header/1585186657000"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/pharmaceuticals-biotech/hkg-2269/wuxi-biologics-cayman-shares/news/wuxi-biologics-cayman-hkg2269-earnings-and-shareholder-retur","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["02269"],"gpt_icon":0},{"id":"2511637151","title":"China's Healthcare Sector Could Ride the AI Wave -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2511637151","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511637151?lang=en_us&edition=fundamental","pubTime":"2025-02-14 15:13","pubTimestamp":1739517180,"startTime":"0","endTime":"0","summary":"0713 GMT - China's recent AI breakthrough could boost the efficiency of its healthcare sector and enable other potential novel services, Jefferies analyst Cui Cui says in an email. Chinese health-tech stocks are broadly higher in Hong Kong, with Alibaba Health Information up 25% and Ping An Health and Technology gaining 14%. Chinese contract drug makers WuXi AppTec and WuXi Biologics are 8.4% and 11% higher, respectively. Although these stocks aren't direct beneficiaries of the AI concept, they are likely rallying on their significant underweight positions and the fundamental shift in market sentiment after the Biosecure Act wasn't passed under the Biden administration, Cui adds. Her top industry picks in 2025 are WuXi Bio due to its better new order growth momentum and JD Health because of its AI development potential. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["603259","LU0501845795.SGD","LU1051768304.USD","09988","LU1880383366.USD","02269","BK1515","BK4575","LU2226246903.HKD","BK1591","BABA","LU1823568750.SGD","LU0072913022.USD","LU0516422366.SGD","BK4558","LU0516423174.USD","LU0310800965.SGD","LU1794554557.SGD","LU0979878070.USD","LU1515016050.SGD","LU1046421795.USD","BK1142","IE00BFMHRM44.USD","LU0043850808.USD","BK4548","BK4587","BK4533","BK1571","BK1247","LU0039217434.USD","LU0359201612.USD","BK4554","LU1720050803.USD","IE00B0JY6N72.USD","BK1219","00241","BK4524","LU1105468828.SGD","LU1267930227.SGD","LU0819121731.USD","BK4504","LU2488822045.USD","BK4565","LU1242518857.USD","01833","HCSG","LU0456846285.SGD","LU1048596156.SGD","SG9999002463.SGD","LU0588546209.SGD"],"gpt_icon":1},{"id":"2510377814","title":"China hawk to be picked for key US Commerce Dept job, sources say","url":"https://stock-news.laohu8.com/highlight/detail?id=2510377814","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510377814?lang=en_us&edition=fundamental","pubTime":"2025-02-12 22:04","pubTimestamp":1739369095,"startTime":"0","endTime":"0","summary":"China hawk to be picked for key US Commerce Dept job, sources sayBy Karen FreifeldFeb 12 (Reuters) - President Donald Trump plans to nominate Landon Heid, who served on the staff of the House of Repre","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250212:nL1N3P304W:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK0216","02269","LU0516423174.USD","LU0320764599.SGD","LU0819121731.USD","LU1242518857.USD","LU0348825331.USD","LU0051755006.USD","LU0140636845.USD","LU0052750758.USD","BK1589","LU0417516738.SGD","LU1688375341.USD","LU0516422440.USD","BK1521","LU0823426480.USD","LU2488822045.USD","SG9999002463.SGD","LU0456842615.SGD","LU0348735423.USD","BK1141","LU1720050803.USD","LU0979878070.USD","LU1242518931.SGD","LU0326950275.SGD","LU0181495838.USD","LU0327786744.USD","LU0043850808.USD","LU1794554557.SGD","BK1610","IE00B0JY6N72.USD","SG9999002562.SGD","LU0856984785.SGD","603259","LU1880383366.USD","LU0572944931.SGD","LU0516423091.SGD","LU0039217434.USD","LU0359201612.USD","LU1997245094.SGD","LU0516422366.SGD","LU0588546209.SGD","LU0456827905.SGD","LU0516422952.EUR","LU1997245177.USD","LU0359202008.SGD","LU0417516902.SGD","LU0307460666.USD","LU0456846285.SGD","LU0823426308.USD"],"gpt_icon":1},{"id":"1164667269","title":"Stock Track | Wuxi Biologics Soars 6.82% Intraday as UOB Kay Hian Upgrades to Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1164667269","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1164667269?lang=en_us&edition=fundamental","pubTime":"2025-02-04 16:06","pubTimestamp":1738656413,"startTime":"0","endTime":"0","summary":"Wuxi Biologics  shares surged 6.82% intraday on Tuesday, following an upgrade by UOB Kay Hian to a Buy rating from Sell. The investment firm also raised its price target for the biopharmaceutical company to HK$23.The stock's rally comes as analysts grow increasingly bullish on Wuxi Biologics' prospects. UOB Kay Hian's upgrade and higher price target suggest the firm sees significant upside potential for the company's shares in the near term.Positive analyst coverage and ratings often act as a ca","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | Wuxi Biologics Soars 6.82% Intraday as UOB Kay Hian Upgrades to Buy","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["02269"],"gpt_icon":0},{"id":"2508487135","title":"UOB Kay Hian Upgrades Wuxi Biologics to Buy from Sell, Price Target is HK$23","url":"https://stock-news.laohu8.com/highlight/detail?id=2508487135","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2508487135?lang=en_us&edition=fundamental","pubTime":"2025-02-04 16:02","pubTimestamp":1738656170,"startTime":"0","endTime":"0","summary":"UOB Kay Hian Upgrades Wuxi Biologics to Buy from Sell, Price Target is HK$23","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["U11.SI","02269"],"gpt_icon":0},{"id":"2506784668","title":"WuXi Biologics (Cayman) Inc.'s (HKG:2269) P/E Is On The Mark","url":"https://stock-news.laohu8.com/highlight/detail?id=2506784668","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506784668?lang=en_us&edition=fundamental","pubTime":"2025-01-25 08:28","pubTimestamp":1737764885,"startTime":"0","endTime":"0","summary":"With a price-to-earnings (or \"P/E\") ratio of 26.4x WuXi Biologics (Cayman) Inc. ( HKG:2269 ) may be sending very...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/9551728-choice1-main-header/1585186657000","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/9551728-choice1-main-header/1585186657000"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/pharmaceuticals-biotech/hkg-2269/wuxi-biologics-cayman-shares/news/wuxi-biologics-cayman-incs-hkg2269-pe-is-on-the-mark","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["LU0516423091.SGD","LU1794554557.SGD","LU0052750758.USD","SG9999002463.SGD","LU0327786744.USD","LU0516422366.SGD","LU1242518931.SGD","LU0039217434.USD","LU0051755006.USD","BK1576","BK1521","LU0043850808.USD","SG9999002562.SGD","LU0359202008.SGD","LU0456827905.SGD","LU0140636845.USD","LU0417516738.SGD","LU0588546209.SGD","LU0572944931.SGD","LU0326950275.SGD","IE00B0JY6N72.USD","LU0979878070.USD","LU0417516902.SGD","LU0320764599.SGD","LU0181495838.USD","LU0516423174.USD","LU0708995583.HKD","BK1610","BK1141","02269","LU0348735423.USD","LU1880383366.USD","LU2039709279.SGD","LU0348825331.USD","BK1589","LU0359201612.USD","LU0823426480.USD","LU0823426308.USD","LU0307460666.USD","LU1720050803.USD","LU0516422440.USD","LU1688375341.USD","LU0456846285.SGD","LU1242518857.USD","LU0856984785.SGD","LU0516422952.EUR","LU0819121731.USD"],"gpt_icon":0},{"id":"2504157420","title":"China Pharma Group WuXi Gains as Trump's TikTok Move Buoys Mood","url":"https://stock-news.laohu8.com/highlight/detail?id=2504157420","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504157420?lang=en_us&edition=fundamental","pubTime":"2025-01-20 16:00","pubTimestamp":1737360000,"startTime":"0","endTime":"0","summary":"Shares of WuXi group companies jumped Monday after U.S. President-elect Trump promised to save TikTok and held a call with his counterpart in China, sparking tentative hopes that some areas of U.S.-China tensions could ease.Chinese contract drug maker WuXi AppTec rose 7.0% in afternoon trade in Hong Kong, on track for its largest daily percentage gain since early December. Its sister company WuXi Biologics rose 4.7%, while WuXi XDC, a contract medical research unit of WuXi Biologics, was up 5.0%.The WuXi companies have come under scrutiny amid tensions between the U.S. and China. The companies were included in the draft U.S. Biosecure Act that aims to bar federal contracts with the Beijing Genomics Institute and some Chinese biotechnology entities.As the bill was not enacted under the Biden administration, investors are watching to see what the fate of the legislation--or any potential successor--will be under Trump after he takes office on Monday.Analysts say Trump's promise on Sunday","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0819121731.USD","LU0359202008.SGD","603259","BK1589","SG9999002463.SGD","BK4007","LU1242518931.SGD","LU0708995583.HKD","LU0043850808.USD","LU0516422366.SGD","LU0856984785.SGD","LU0052750758.USD","LU0327786744.USD","LU1242518857.USD","LU0348735423.USD","LU0307460666.USD","LU0181495838.USD","LU1997245094.SGD","LU0417516902.SGD","LU0516422952.EUR","LU0456842615.SGD","LU1794554557.SGD","LU0456827905.SGD","LU1997245177.USD","02268","BK0216","LU0572944931.SGD","BK1576","LU0588546209.SGD","LU2039709279.SGD","LU0516423174.USD","LU0823426308.USD","LU0823426480.USD","LU2488822045.USD","LU0326950275.SGD","LU0359201612.USD","SG9999002562.SGD","IE00B0JY6N72.USD","LU0348825331.USD","LU0979878070.USD","02269","BK1521","LU1688375341.USD","LU1720050803.USD","CPHI","LU0516422440.USD","LU0051755006.USD","LU1880383366.USD","LU0516423091.SGD","LU0417516738.SGD"],"gpt_icon":0},{"id":"2504250442","title":"Investor Confidence on WuXi Companies Seems Stronger -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2504250442","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504250442?lang=en_us&edition=fundamental","pubTime":"2025-01-20 12:23","pubTimestamp":1737346980,"startTime":"0","endTime":"0","summary":"0423 GMT - Investor confidence in WuXi companies looks stronger ahead of Trump's inauguration, Daiwa analyst Wilfred Yuen says. After the proposed U.S. Biosecure Act, which restricts some Chinese biotech companies from doing business in the U.S., was not enacted under the Biden administration, investors are watching to see what the fate of the legislation or any potential successor will be under Trump, Yuen says. Trump's promise on Sunday to save social media app TikTok from being banned in the U.S. is giving some the impression that he may be more pragmatic in dealing with national security-related issues, he says. WuXi AppTec and WuXi Biologics also gave positive updates last week at a conference, confirming that fundamentals are intact, he adds. WuXi AppTec and WuXi Biologics' shares are up 7.3% and 5.4%, respectively, in Hong Kong. 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This year marks the start of the most positive structural change in the industry, as it will be the first time that China's public healthcare system is able to include commercial insurance providers as significant payers, they say. The brokerage recommends buying shares in companies that will be direct beneficiaries of the reform. These include pharmaceutical and biopharmaceutical firms, pharmaceutical distributors and medical device companies. Citi's top picks include Jiangsu Hengrui Medicine, Hansoh Pharmaceutical, SSY Group, Akeso, Sichuan Kelun-Biotech Biopharmaceutical, Mindray Medical, Sinopharm Group, WuXi AppTec, Wuxi Biologics and Gushengtang. 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Louth, A91 A4CC, Ireland.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0819121731.USD","LU0979878070.USD","BK1589","LU0039217434.USD","LU0348825331.USD","LU0417516738.SGD","LU1242518931.SGD","LU1720050803.USD","BK1610","LU0516422440.USD","LU0359202008.SGD","LU0359201612.USD","LU1688375341.USD","LU0708995583.HKD","LU0516423174.USD","LU0348735423.USD","LU0516422366.SGD","LU0516423091.SGD","LU1880383366.USD","BK1521","LU0856984785.SGD","02269","LU0051755006.USD","LU0307460666.USD","LU1242518857.USD","LU0140636845.USD","LU0043850808.USD","LU0181495838.USD","SG9999002562.SGD","LU0326950275.SGD","LU0588546209.SGD","LU0456827905.SGD","LU0572944931.SGD","LU0052750758.USD","LU0327786744.USD","LU0320764599.SGD","LU0516422952.EUR","LU0456846285.SGD","LU0823426308.USD","IE00B0JY6N72.USD","LU0823426480.USD","BK1576","SG9999002463.SGD","LU1794554557.SGD","LU0417516902.SGD","LU2039709279.SGD","BK1141"],"gpt_icon":0},{"id":"2501645242","title":"WuXi Biologics to Sell Irish Vaccine Facility to Merck for $500 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2501645242","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501645242?lang=en_us&edition=fundamental","pubTime":"2025-01-07 14:19","pubTimestamp":1736230740,"startTime":"0","endTime":"0","summary":"WuXi Biologics agreed to sell an overseas vaccine facility to Merck & Co. for half a billion dollars, a move that could strengthen the company's cash flow and margins as it navigates global uncertainties.The Chinese contract drugmaker will sell its vaccine factory in Dundalk, Ireland, to U.S.-based Merck for about $500 million, it said in an exchange filing late Monday. The facility, with a net book value of about $487 million, is a 15,520-square-meter, three-story vaccine manufacturing plant with 200 employees. The deal is expected to be completed in the first half of 2025.The sale will allow the company to realize its investment in the assets and focus on providing contract vaccine services from its sites in Suzhou, China, WuXi Biologics said in the filing. For Merck, the deal will help it better integrate vaccine production within its global manufacturing network, it said.WuXi Bio and sister company WuXi AppTec have come under scrutiny as tensions between the U.S. and China rise. Th","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4007","LU0516422440.USD","BK4533","IE00BN8TJ469.HKD","LU0052750758.USD","LU0070302665.USD","LU0289739699.SGD","BK1521","LU0516422952.EUR","BK4585","IE000M9KFDE8.USD","LU0708995583.HKD","IE00BFTCPJ56.SGD","LU2089984988.USD","LU0348825331.USD","SG9999014567.USD","BK4559","IE00B1BXHZ80.USD","LU0265550359.USD","LU0181495838.USD","LU0211331839.USD","BK1576","IE00BLSP4452.SGD","SG9999014575.USD","LU0203347892.USD","LU0516422366.SGD","LU2324357040.USD","LU1720050803.USD","LU1934455277.USD","IE0009355771.USD","SG9999002232.USD","IE00B4R5TH58.HKD","LU0359201612.USD","02269","LU0039217434.USD","LU0979878070.USD","LU1974910355.USD","LU0234572021.USD","LU1917777945.USD","BK4550","LU0516423091.SGD","MRK","LU0043850808.USD","LU1093756325.SGD","LU0965508806.USD","LU2361044949.HKD","LU1066051811.HKD","SG9999002562.SGD","LU1066051498.USD","SG9999013999.USD"],"gpt_icon":0},{"id":"2501221055","title":"Wuxi Bio's Ireland Facility Sale Likely to Help With Cash Flow -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2501221055","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501221055?lang=en_us&edition=fundamental","pubTime":"2025-01-07 11:27","pubTimestamp":1736220420,"startTime":"0","endTime":"0","summary":"0327 GMT - Wuxi Biologics' disposal of its Ireland vaccine site will likely help with cash flow, Nomura research analyst Jialin Zhang writes, adding that the move would better prepare the company for global economic uncertainties. The $500 million sale of the facility to Merck will also help streamline Wuxi Bio's core business, Zhang says. The overseas facility was proving to be a financial challenge for the company, with no control over the dynamics of supply and demand in both domestic and overseas markets, Zhang adds. Concerns over demand were likely the primary reason behind the sale rather than geopolitical concerns, Zhang adds. Nomura maintains a buy rating for the stock, with a target price of HK$19.30. Shares are 3.9% lower at HK$15.96. 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