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2595 — GenFleet Therapeutics (Shanghai) News Story

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HK-listed GenFleet rises most in a month on repurchasing shares

BUZZ-HK-listed GenFleet rises most in a month on repurchasing shares 

** Shares of GenFleet Therapeutics (Shanghai) Inc 2595.HK rise 6.8% to HK$27.66, on course for their biggest one-day pct gain since August 20

** Stock hits the highest point since September 8 in the third consecutive session of gain

** China-based innovative drugs developer says it repurchased 872,000 H shares, or 0.227% of the issued share capital, on September 18

** Company says it may continue to repurchase shares subject to market conditions

** YTD, stock up 13.5%, Hang Seng Biotech Index .HSBIO up 15.9%




(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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