HK-listed LongBio Pharma jumps on inclusion in Stock Connect programs
BUZZ-HK-listed LongBio Pharma jumps on inclusion in Stock Connect programs ** Shares of LongBio Pharma (Suzhou) 1779.HK jump 8.4% to HK$124.4, on track for the biggest one-day pct gain since September 3
** Chinese allergic and autoimmune diseases focused biopharmaceuticals developer says it has been included in the list of eligible securities under each of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs effective September 7
** The inclusion of the shares in the list of eligible securities will further expand the shareholder base and attract more long-term institutional investors, enhance trading liquidity of the shares - co
** Since debut on June 5, stock up 27.9% from the HK$96.06 offer price
** YTD, Hang Seng Biotech Index .HSBIO up 9.6%
(Reporting by Donny Kwok)
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