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A-share midday review: The Shanghai Composite Index and the Shenzhen Component Index hit a new low in the correction, with the banking sector picking up and high-level stocks continuing to decline.
The major indexes of A-shares continued to adjust this morning, with both the Shanghai Composite Index and the Shenzhen Component Index hitting new lows in the adjustment. Internet e-commerce concept stocks rose against the market trend, while banks sector rebounded and high-priced stocks continued to decline.
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
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