Movement Alert|DUALITYBIO-B Rises 5.12% in Regular Trading, Innovative Drug Sector Rally and Interim Results Approaching

Market Focus
Yesterday

On August 25, DUALITYBIO-B rose 5.12% in regular trading, trading at HK$199.8/share, with turnover of HK$27.67 million.

On the news front, the Hong Kong-listed innovative drug sector was broadly active, with multiple peers including Everest Medicines and Remegen posting strong gains, providing sector-level momentum. At the company level, UBS recently initiated coverage with a \"Buy\" rating and a target price of HK$320, implying approximately 62% upside from current levels. Zhongshang Securities, Dongwu Securities, and China Galaxy Securities had also previously initiated coverage with positive ratings.

Additionally, DUALITYBIO-B is scheduled to release its interim results on August 28, with market focus on cash burn rate and commercialization progress. The company has conducted continuous share buybacks since early June, with institutional bullish sentiment and earnings release expectations forming a near-term catalyst convergence.

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