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07/10/2026 09:42

Northbound investors see biotech stocks broadly retreat before resumption of trading, biotech index plunges over 3%, Insilico Medicine drops 8%

    Economic Information Daily (7th exclusive) Insilico Medicine (03696) is currently down 8.3%, at HK$54.4, with approximately 1.25 million shares traded, involving HK$688.7 million.

    Northbound trading will officially resume tomorrow. This morning, biotech stocks showed a clear pullback. Yesterday, biotech stocks surged, pushing the biotech index higher, trading at a premium compared to pre-National Day Golden Week levels. Today's pullback has brought the biotech index back to a discount level compared to pre-Golden Week. The active buy-sell ratio in the healthcare sector stands at 45:55; the biotech index is currently down 554 points, or 3.31%, at 16,212.

    Within the pharmaceutical sector, CXO, AI drug, and innovative drug stocks generally declined; XtalPi (02228) fell 5.5% to HK$7.85; MegaPro (07666) dropped 4.6% to HK$16.88; WuXi Biologics (02269) declined 3.1% to HK$56.1; WuXi AppTec (03759) fell 3.6% to HK$31.74; CanSinoBIO (06185) dropped 6.2% to HK$38.1; Innovent Biologics (01801) decreased 2% to HK$97.4; BeiGene (06160) fell 1.8% to HK$216.6.

    Currently, the Hang Seng Index stands at 24,229, down 51 points or 0.2%, with main board turnover exceeding HK$8.6 billion. The Hang Seng China Enterprises Index is at 8,108, down 20 points or 0.3%. The Hang Seng Tech Index is at 4,209, down 13 points or 0.3%.
 
Performance of related stocks in the same sector
Stock (Code)Current Price (HK$)Change (%)
Insilico Medicine (03696)54.4Down 8.26%
XtalPi (02228)7.85Down 5.48%
MegaPro (07666)16.88Down 4.63%
WuXi Biologics (02269)56.1Down 3.11%
WuXi AppTec (02359)215.4Down 1.46%
WuXi AppTec (03759)31.74Down 3.64%
CanSinoBIO (06185)38.1Down 6.16%
Innovent Biologics (01801)97.4Down 1.96%
BeiGene (06160)216.6Down 1.81%
China Biologic Products (01177)5.71Down 1.38%
Hansoh Pharmaceutical (03692)34Down 1.73%
CP Group (01093)9.92Down 0.80%
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