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WuXi AppTec Asserts It Is Not a Security Risk Following Passage of Biosecure Bill in US Congress
HK stocks fluctuate | CRO concept stocks plummeted in early trading. The U.S. House of Representatives has passed the draft of the Biosecurity Law, and related companies have quickly issued clarification announcements.
CRO concept stocks tumbled in the morning session, as of the time of publication, wuxi apptec (02359) fell by 9.74%, closing at HK$32.45; frontage (01521) fell by 10.71%, closing at HK$0.5; pharmaron (03759) fell by 4.31%, closing at HK$8.87; tigermed (03347) fell by 3.66%, closing at HK$26.35.
Express News | Shares of WuXi Biologics Down More Than 3%
Wuxi Apptec [02359] is now trading at HKD 34.15, down 5.01%.
As of 09:30, Wuxi Apptec [02359] reported a price of 34.15 Hong Kong dollars, a decrease of 1.8 Hong Kong dollars or 5.01% from the previous closing price of 35.95 Hong Kong dollars. The transaction amount is 6.7311 million Hong Kong dollars. The highest price today is 35.4 Hong Kong dollars, and the lowest price is 34.15 Hong Kong dollars. Based on the closing price of yesterday, the 10-day average price is 39.17 Hong Kong dollars, the 50-day average price is 37.88 Hong Kong dollars, and the current P/E ratio is 9.05 times. The 14-day strength index is reported as 43.50.
Express News | WuXi AppTec's HK Shares Set to Open Down 1.8% After US House Passes Bill to Restrict Its Business
Another unreasonable suppression! The U.S. House of Representatives has passed the Biosecurity Act, and wuxi apptec and wuxi bio have quickly responded.
①The U.S. House of Representatives passed the draft of the Biosecurity Act (H.R.8333) with 306 votes in favor and 81 votes against. ②Wuxi Apptec, Wuxi Bio, and other companies strongly opposed it. ③This bill still needs to be voted on by the Senate and the versions passed by both houses need to be reconciled before it can be submitted to the U.S. President for signing into law.
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