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Wuxi Biologics

US House committee moves quickly to approve bill limiting business with Chinese biotech firms

by Walter Watson
US House committee moves quickly to approve bill limiting business with Chinese biotech firms

Bipartisan legislation that would restrict US business with world-leading Chinese biotech companies and their subsidiaries was approved by a House of Representatives committee on Wednesday. The House Committee on Oversight …

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Hong Kong stocks extend winning streak, hit 8-month highs as mainland China returns from holidays

by Anas Siddiqui
Hong Kong stocks extend winning streak, hit 8-month highs as mainland China returns from holidays

Hong Kong stocks extended gains towards an eight-month high after mainland traders returned from a five-day holiday to snap up local shares. Strong travel data and positive calls from a …

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Hong Kong stocks retreat as traders temper US rate-cut bets amid worries about sticky inflation

by Anas Siddiqui
Hong Kong stocks retreat as traders temper US rate-cut bets amid worries about sticky inflation

Hong Kong stocks dropped, joining a broader retreat in Asian markets, after hawkish comments from a Federal Reserve official tempered bets for an interest-rate cut as early as June this …

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Chinese biotech firms led by WuXi Biologics sink in Hong Kong as proposed US bill cites complicity with PLA

by Anas Siddiqui
Chinese biotech firms led by WuXi Biologics sink in Hong Kong as proposed US bill cites complicity with PLA

Chinese biotechnology companies slumped in Hong Kong by the most in nearly two years, after a US lawmaker proposed a bill to block US companies from doing business with them, …

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WuXi Bio, Meituan, Swire and Sands China get US$2.6 billion stock-buying support in Hong Kong to stem market rout

by Anas Siddiqui
WuXi Bio, Meituan, Swire and Sands China get US.6 billion stock-buying support in Hong Kong to stem market rout

The stock sell-off in Hong Kong has galvanised some of the biggest companies to rush out their buy-back programmes, with WuXi Biologics, Meituan and Swire Pacific aided by US$2.37 billion …

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Hong Kong IPO: WuXi Biologics to spin off contract research, manufacturing unit via US$520 million deal in biotech push

by Anas Siddiqui
Hong Kong IPO: WuXi Biologics to spin off contract research, manufacturing unit via US0 million deal in biotech push

Hong Kong IPO: WuXi Biologics to spin off contract research, manufacturing unit via US$520 million deal in biotech push WuXi XDC Cayman Inc could raise as much as HK$4.07 billion …

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