TransThera Sciences jumps most in nearly four months on share buyback plan
29/06/2026 03:05
BUZZ-TransThera Sciences jumps most in nearly four months on share buyback plan ** Shares of TransThera Sciences (Nanjing) Inc 2617.HK jump 21.3% to HK$11.04, on course for their biggest one-day pct gain since March 6
** Stock hits the highest level since June 24, on track to snap five straight sessions of falls
** China-based co says it intends to repurchase shares in the open market for up to 100 mln yuan ($14.70 mln) to demonstrate its confidence in its own business outlook and prospects
** Co develops innovative small molecule therapies for oncology, inflammatory and cardiometabolic diseases
** YTD, stock down 90.4%, Hang Seng Biotech Index .HSBIO down 13.6%
($1 = 6.8031 Chinese yuan)
(Reporting by Donny Kwok)
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TransThera Sciences jumps most in nearly four months on share buyback plan