WuXi AppTec HK shares climb on share buyback plan

WuXi AppTec

10/06/2026 04:57

** Hong Kong-listed shares of WuXi AppTec 2359.HK climb 3.8% to HK$121.2, on track for the biggest one-day pct gain since May 29
** Stock on course to snap two sessions of losses
** Shanghai-listed stock 603259.SS gains 4% to 97.26 yuan, set for the biggest one-day pct rise since April 28
** Chinese new drug developer and manufacturer plans to buy back up to 1 bln yuan ($147.64 mln) worth of company A-shares
** YTD, Hong Kong shares up 21.6%, Shanghai-listed shares up 7.2%, while Hang Seng Biotech Index .HSBIO down 16.5%
     
($1 = 6.7733 Chinese yuan renminbi)

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