On August 20, HANSOH PHARMA rose 3.34% in regular trading, trading at 34.16 HKD/share, with turnover of approximately 93.29 million HKD.
On the news front, CMB International recently maintained its Buy rating on the company and raised its target price to 47.19 HKD, noting that the company's years of high-intensity R&D investment are gradually entering a harvest period. Excluding BD income, innovative drug revenue grew 30% year-over-year, with out-licensing revenue expected to normalize as a significant long-term profit contributor.
Additionally, the company is scheduled to release interim results on August 26. Last period, HANSOH PHARMA reported revenue of 15.028 billion yuan with a gross margin of 88.92%, and market expectations for continued revenue growth remain positive. The convergence of the broker upgrade and earnings anticipation supported the stock's strength.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)