Zai Lab HK shares fall to 5-week low on weak Q1 results

Zai Lab

08/05/2026 03:35

** HK shares of Zai Lab 9688.HK drop 7.6% to HK$14.97, lowest since April 1

** Stock set for biggest one-day pct decline since April 23; top pct loser on Hang Seng Biotech Index .HSBIO, which is down 1.4%

** U.S-listed stock ZLAB.O fell 5.9% on Thursday

** Oncology, immunology, neuroscience, infectious disease-focused biopharma group's Q1 total revenue falls 6% y/y

** Net loss widens to $51 mln from year-ago $48.4 mln net loss

** YTD, HK stock up 12.4%, U.S.-listed shares up 12.1%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))