To reduce the negative list for foreign investment access, expand the opening up for telecommunication and healthcare sectors, and scrap the negative list of manufacturing. To expand access to foreign financial institutions in the banking and insurance sectors. To expand the business scope for the domestic bond market, allow foreign financial institutions to underwrite onshore bonds. To expand pilot projects for Limited Partners...
ln a press release Wednesday afternoon, the Biotechnology Innovation Organization said it will take steps to separate from WuXi—AppTec regarding membership and support the BIOSECURE Act. $薬明生物(02269.HK)$$無錫薬明康徳(02359.HK)$
Wuxi Bio announced that the company noted that a procedural hearing about a revised draft bill was held by the U.S. Senate. Wuxi Bio's share price extended further decline to 21% in HK in the afternoon session. The company reiterated that it is not a subsidiary of WUXI Apptec and does not have a human genomics business, nor does it collect human genomic data in any of its businesses. $薬明生物(02269.HK)$$無錫薬明康徳(02359.HK)$
$薬明生物(02269.HK)$The proposed bill need to be agreed at committee level before submitting to house then senate and lastly president approval. It is lengthy process and required a long time frame before become effective law! Moreover, the proposed law is abt restricting federal fund which had very limited effect to current Wuxi Bio biz. The bill is cocern abt US citizen data being used caused national security concern which Wuxi Bio never has or used it in its daily biz.
WUXI BIOLGCS ADRに関するコメント
China's State Council on further foreign capital attractions:
To expand access to foreign financial institutions in the banking and insurance sectors.
To expand the business scope for the domestic bond market, allow foreign financial institutions to underwrite onshore bonds.
To expand pilot projects for Limited Partners...
HSI Opens 109 pts Lower as WUXI Series Slip
$無錫薬明康徳(02359.HK)$ , whose net profit rose 21% in 2023, delayed two placing-funded investment projects by 2 years to the end of 2025, and its share price lost 2.8% to $41.55, while its sa...
HKD505.7M Southbound Trading Net Outflow from MEITUAN-W
There was HKD505.7 million, HKD372.6 million and HKD147.1 million Southbound Trading net outflow from $美団点評(03690.HK)$ , $テンセント(00700.HK)$ and $中国海洋石油(00883.HK)$ .
For $SH->HK コネクト(GangGuTong.HK)$ , $中国銀行(03988.HK)$ was the most active stock with highest net inflow of ...
$無錫薬明康徳(02359.HK)$ tumbled by 5% and $薬明生物(02269.HK)$ was down 6.7%. Biotechnology Innovation Organization revised the announcement to WuXi Apptec proactively ending its relationship with BIO.
The share price of Wuxi AppTec once tumbled by over 8% in Hong Kong on Thursday.
$薬明生物(02269.HK)$$無錫薬明康徳(02359.HK)$
Wuxi Bio's share price extended further decline to 21% in HK in the afternoon session.
The company reiterated that it is not a subsidiary of WUXI Apptec and does not have a human genomics business, nor does it collect human genomic data in any of its businesses.
$薬明生物(02269.HK)$$無錫薬明康徳(02359.HK)$
Who is Making Money From Recent Slump
Proposed Bill
False Claim in Proposed Bill
Wuxi Bio had clarified its CEO false claim - he only ever given a one-time guest lecturer back to 2013!
Incorrect Info In Proposed Bill
Wuxi Bio had clarified that that it is not subsidiary of Wuxi Ming Kand. So, the congrssman needs to amend their proposal!
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