WuXi AppTec Hong Kong shares hit near 5-year high on earnings beat

WuXi AppTec

04/08/2026 03:14

** Hong Kong shares of WuXi AppTec 2359.HK jump 14.5% in the third straight rising session to HK$186.6, their highest level since October 2021
** Stock set for the biggest one-day pct rise since October 2024, if gains hold
** Top pct gainer in both benchmark Hang Seng Index .HSI and Hang Seng Biotech Index .HSBIO. Hang Seng Index slips 0.6% while Hang Seng Biotech Index climbs 2.7% 
** Shanghai-listed stock 603259.SS jumps 10% to 141.35 yuan, highest since December 2021
** China pharmaceutical R&D services firm delivers strong H1 2026 results with revenue up 38.9% y/y and net profit attributable up 33.7% and raises full-year guidance
** Jefferies maintains "Buy" rating and raises PT of Shanghai shares to 165 yuan from 135 yuan, and Hong Kong stock to HK$210 from HK$138, on 1H26 strong beat 
** Nomura, with "Buy" rating, lifts TP of Shanghai shares to 191.09 yuan from 164 yuan and Hong Kong stock to HK$209.99 from HK$180.22, on 2Q26 results big beat and FY26E guidance significantly lifted  
** YTD, Hong Kong stock up 84.6%, Shanghai-listed shares up 56%, while Hang Seng Biotech Index HSBIO down 0.6% 
     
     
     

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