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2142 — HBM Holdings News Story

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China's HBM climbs on regulator's nod on application of new cancer drug

BUZZ-China's HBM climbs on regulator's nod on application of new cancer drug

** Shares of Chinese immuno-oncology and immunology diseases therapeutics developer HBM Holdings 2142.HK climb 5.1% to HK$10.02, on track for the biggest one-day pct gain since June 4

** Stock on course to snap three straight sessions of losses

** HBM says China's regulator National Medical Products Administration (NMPA) has accepted the Investigational New Drug application for HBM7004 in treatment of advanced solid tumors

** YTD, stock down 18.8%, Hong Kong Biotech Index .HSBIO down 15.7%


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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