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WuXi AppTec's WuXi Fund I to Subscribe to Sofinnova Biovelocita II, Sofinnova Crossover II
WUXI APPTEC (02359.HK) was increased in Shareholding by JPMorgan with 0.1094 million shares listed in Hong Kong, worth about 6.101 million Hong Kong dollars.
On December 20, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 20, JPMORGANCHASECO increased its shareholding of WUXI APPTEC (02359.HK) by 109,400 shares of H-shares on December 16 at an average on-market price of HKD 55.7475 per share and an average off-market price of HKD 55.7185 per share, totaling approximately HKD 6.101 million. After the increase, JPMorgan's latest shareholding is 38.7601 million shares, with the good stock ratio rising from 9.98% to 10.01%. Source: Hong Kong Stock Exchange equity disclosure.
Selected announcement | S.F. Holding's supply chain and international business revenue increased by about 20% in November; WUXI APPTEC subscribed to a private equity fund in Europe focusing on Biotechnology.
In November, S.F. Holding's total revenue from express logistics, supply chain, and international business was 25.196 billion yuan, a year-on-year increase of 6.73%; WUXI APPTEC plans to invest a total of 20 million euros to subscribe for private equity fund shares.
Express News | WUXI APPTEC: Subsidiaries plan to subscribe for a total of 20 million euros in shares of Fund SBV II and Fund SCO II.
WUXI APPTEC: plans to subscribe to private placement fund shares.
On December 19, Gronhui reported that WUXI APPTEC (603259.SH) announced that its wholly-owned subsidiary WuXiPharmaTechHealthcareFundIL.P. (referred to as "WuXiFundI") plans to subscribe for shares in the fund SOFINNOVABIOVELOCITAIIS.L.P. (referred to as "SofinnovaBiovelocitaII" or "SBVII") as a limited partner, with a subscription amount of 10 million euros (according to the exchange rate announced by the China Forex Trading Center on December 19, 2024).
Quick look at the Hong Kong market | All three major Indices closed higher, the Science and Technology Index rose nearly 2%; technology, Autos, and Biotechnology stocks climbed, with Li Auto rising over 5%, and Xiaomi Group and WUXI BIO rising nearly 3%.
Many Network Technology stocks are rising, XIAOMI-W is up 2.84%, Baidu Group-SW is up 1.74%; Semiconductor stocks are all rising, HG SEMI is up 7.64%, BEKE is down 2.78%; Autos stocks are climbing, LEAPMOTOR is up 6.42%, BRILLIANCE CHI is up 6.29%;
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