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On the eighth day of the Lunar New Year, the first day back to work, the Hong Kong stock market ushered in the first "ghost story" of the Year of the Tiger - the wuxi apptec group was hit hard.
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The situation is like this, today the U.S. Department of Commerce's Bureau of Industry and Security (BIS) released an updated "Unverified List". It is said that in this "Unverified List (UVL)", 33 Chinese entities have been added, including CDMO companies wuxi bio and wuxi bio (shanghai).
Affected by the news. $WUXI BIO (02269.HK)$During the trading session, it once plummeted by 31%, and is currently suspended with a 22.77% decline. As a good brother of Wuxi Bio, Wuxi Apptec is also affected, with A-shares $WuXi AppTec (603259.SH)$Halt the limit down, Hong Kong stocks $WuXi AppTec (603259.SH)$It once plummeted by 26.48% during the trading session, closing down by 11.36%. The CXO sector as a whole experienced a collective decline, causing a bloody mess.
Because the incident happened suddenly, I also made some money on wuxi apptec last year. I have a certain understanding of the two companies in the wuxi apptec group. After lunch, I went to check the summary of the conference call. $WUXI BIO (02269.HK)$1. Importing reactor hardware (fixed assets) and a small amount of ultrafiltration membranes (consumables) from the USA are subject to export control. The U.S. Department of Commerce needs to inspect the actual use of the purchased items by enterprises, due to the originality of the new crown...
The situation is like this, today the U.S. Department of Commerce's Bureau of Industry and Security (BIS) released an updated "Unverified List". It is said that in this "Unverified List (UVL)", 33 Chinese entities have been added, including CDMO companies wuxi bio and wuxi bio (shanghai).
Affected by the news. $WUXI BIO (02269.HK)$During the trading session, it once plummeted by 31%, and is currently suspended with a 22.77% decline. As a good brother of Wuxi Bio, Wuxi Apptec is also affected, with A-shares $WuXi AppTec (603259.SH)$Halt the limit down, Hong Kong stocks $WuXi AppTec (603259.SH)$It once plummeted by 26.48% during the trading session, closing down by 11.36%. The CXO sector as a whole experienced a collective decline, causing a bloody mess.
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