Express News | The State Council has approved the "Implementation Plan for Supporting the Development of Innovative Drugs across the Whole Value Chain".
Beigene (06160) issued a total of 0.7363 million shares due to restricted stock units being granted.
Beigene (06160) announced that on June 30, 2024, due to restricted shares granted under the equity plan...
Midday Snapshot | The gains of the three major Hang Seng indexes narrowed, auto stocks were strong, and NIO Inc stock rose over 6%.
Golden industrial concept leads the gains, with Lingbao Gold up over 6%, Zijin Mining Group and SD Gold up over 4%, Zhaojin Mining and Chi Silver GP up over 3%.
BeiGene Ltd Announces New Stock Grants
Beigene (06160.HK): Granted a total of 1760 American depositary share warrants and 56,600 restricted share units of American depositary shares.
Beigene (06160.HK) announced on July 3, that on June 28, 2024, the board of directors' compensation committee granted options to purchase a total of 1,760 American depositary shares and restricted stock units involving a total of 56,609 American depositary shares to 112 grantees in accordance with the terms of the 2016 equity incentive plan.
Express News | Beigene (06160) announced that on June 30, 2024, a total of approximately 736,300 shares will be issued based on the stock plan to award shares or options to participants (excluding directors of the issuer).
Beigene (06160.HK) received 62.44 million shares due to restricted share unit attribution.
Beigene (06160.HK) announced on July 2 that 624,400 ordinary shares will be issued on June 30, 2024, due to the attribution of restricted share units granted under the equity plan (excluding company directors).
Asian Equities Traded in the US as American Depositary Receipts Open Week on Flat Note
Asian equities traded in the US as American depositary receipts started the week flat Monday morning, nudging 0.005% higher to 1,959.42 on the S&P Asia 50 ADR Index. From North Asia, the gainers were
Moderna And Walgreens Boots Alliance Were Among The 10 Biggest Large Cap Losers Last Week (June 23 - June 29): Are These In Your Portfolio?
These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?Walgreens Boots Alliance, Inc. (NASDAQ:WBA) shares tumbled 24.12% after the company reported mixed Q3
Hang Seng Index fell 373 points, Xiaomi and Nongfu Spring both dropped 7%, and domestic demand stocks came under pressure.
Asian currencies are under pressure, and the central parity rate of the yuan hit a seven-month low. According to a report by Morgan Stanley, mutual and hedging funds have seen outflows from Chinese concept stocks this month. The Hang Seng Index settlement day fell, opening low at 143 points and further widening the decline. In the afternoon, it fell by 412 points to a low of 17,677 points and closed down 373 points or 2.1% at 17,716 points; the National Index fell by 153 points or 2.4% to close at 6,324 points;The Hang Seng Tech Index fell by 100 points or 2.7%, closing at 3,588 points. The total turnover of the market was HKD 104.225 billion for the day, and there was a net inflow of RMB 3.151 billion and HKD 2.45 billion in southbound trading through the Shanghai and Shenzhen Stock Connect.
Market Overview | The three major Hong Kong stock indexes all fell by nearly 2%, with Xiaomi leading the network technology stocks by falling more than 6%, while Bosideng rose by more than 6% after its performance announcement.
Hang Seng Index fell by 1.85%, Hang Seng Tech Index rose by 1.92%, and Hang Seng China Enterprises Index fell by 1.96%. Auto stocks generally fell, Guangzhou Automobile Group down over 4%, Evergr Vehicle down more than 3%; NIO Inc rose by nearly 4%.
Beigene Insider Sold Shares Worth $445,070, According to a Recent SEC Filing
John Oyler, Director, Chief Executive Officer, on June 24, 2024, sold 2,789 shares in Beigene (BGNE) for $445,070. Following the Form 4 filing with the SEC, Oyler has control over a total of 47,949,87
US stocks in early trading: The Nasdaq rose nearly 0.6%, and Nvidia's stock price rebounded by more than 3%.
Growth tech rose across the board, with Taiwan Semiconductor, Salesforce, and Meta rising more than 1%, while ASML Holding and Apple rose nearly 1%; China concept stocks were generally down, with Bilibili falling nearly 4%, Beigene falling more than 3%, and Miniso, jd.com, and Nio Inc falling more than 2%.
Bank of Communications International: Bullish on the pharmaceutical industry's attractive valuations and new consumer trends in healthcare.
CMB International published a report stating that the MSCI China Medical Index has fallen 26.5% since the beginning of the year, underperforming the MSCI China Index by 33.7%. The dynamic price-to-earnings ratio of the industry index is currently 24 times, lower than the 12-year historical average. The bank expects the policy for updating medical equipment to be implemented soon, which will effectively stimulate the demand in the related sector. The State Council has mentioned in the key tasks of deepening the reform of the medical and health system by 2024 that it will formulate guiding documents on supporting the development of innovative drugs throughout the entire chain. The bank believes that as the supporting policies are implemented and industry regulation becomes normalized, the recovery of performance will bring about a valuation repair in the industry. CMB International believes that the
Chinese Equity Market Shows Momentum to Return Cash to Shareholders
0910 GMT - The Chinese equity market's momentum to return cash to shareholders looks promising, Goldman Sachs analysts say in a research note. The strong policy push by regulators could further encour
AIA's buyback plan has increased to a total of 4.638 billion US dollars; a shareholder of China Eastern Airlines proposes to reduce their shareholding by nearly 78 million shares.
Fit hon teng invested 30 million euros in its wholly owned subsidiary FIT Voltaira Group GmbH; SWSI received a cash tender offer from Zhihai Investment at a premium of approximately 10.33%.
Express News | BeiGene (06160) announced that a total of 5.213 million ordinary shares were issued on June 22, 2024, due to the attribution of restricted share units granted under the equity incentive plan.
Beigene (06160.HK) obtained 5.213 million shares of restricted stock units.
Beigene (06160.HK) announced on June 24th that 5.1087 million ordinary shares were issued due to the attribution of restricted share units granted under the equity plan (excluding the company's directors) on June 22, 2024. On the same day, 104.4 thousand ordinary shares were issued due to the attribution of restricted share units granted to the company's directors under the equity plan.
US stock market early trading | The three major indexes have mixed gains and losses, semiconductor stocks have declined, and Nvidia has fallen more than 4%.
Most popular China concept stocks declined, with XKE surpassing 4% decrease, Netease falling over 2%, JD.com and PDD Holdings both dropping nearly 2%, and Bilibili rising against the trend with over 3% increase.
Insider Sale: CFO Julia Wang Sells Shares of BeiGene Ltd (BGNE)