Cspc Innovation Pharmaceutical Rises On Upbeat First: half profit outlook

CSPC PHARMACEUTICAL

28/07/2026 05:23

** Shares of CSPC Innovation Pharmaceutical 300765.SZ rise as much as 8.2% to 39.4 yuan, their biggest intraday pct gain since July 20
** Shares of CSPC Pharmaceutical-backed 1093.HK subsidiary on course to snap five consecutive sessions of decline, if current trend holds 
** The China-based R&D and functional ingredients producer expects its first-half net profit to come in at 1.18 billion yuan-1.36 billion yuan ($174.36 million-$200.96 million), a sharp turnaround from a 2.74 million yuan loss a year earlier 
** YTD, CSPC Innovation stock up 7.47%, while benchmark CSI300 Index .CSI300 down 0.7%

($1 = 6.7675 Chinese yuan)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))