24H｜Merus Surges 19%; Chinese ADRs Jump With Li Auto up 7%, Alibaba up 3%; Wolfspeed Drops Another 3%

Tiger Newspress

09/29

Denmark’s Genmab A/S is in advanced talks to acquire Merus NV, a Dutch drugmaker that’s developing a treatment for cancer of the head and neck, according to people with knowledge of the matter, Bloomberg reported. US-listed Merus shares surged 19.1% in overnight trading.

Some Chinese ADRs jumped in overnight trading. Li Auto rose 7%; Alibaba rose 3%; Bilibili, NIO, and XPeng rose 2%; Trip.com, NetEase, JD.com, Baidu, and PDD Holdings rose 1%.

Wolfspeed is pushing forward with corporate restructuring while navigating bankruptcy court. The semiconductor company announced plans to convert from North Carolina to Delaware incorporation by September 29, 2025. The shares plunged 34.6% on Friday, and dropped another 3.3% in overnight trading.

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US-listed Merus shares surged 19.1% in overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7669de9aa853f9c59c44eac2dd9c8c5a\" tg-width=\"536\" tg-height=\"182\"/></p><p>Some Chinese ADRs jumped in overnight trading. <strong><a href=\"https://laohu8.com/S/LI\">Li Auto</a></strong> rose 7%; <strong><a href=\"https://laohu8.com/S/BABA\">Alibaba</a></strong> rose 3%; <strong><a href=\"https://laohu8.com/S/BILI\">Bilibili</a></strong>, <strong><a href=\"https://laohu8.com/S/NIO\">NIO</a></strong>, and <strong><a href=\"https://laohu8.com/S/XPEV\">XPeng</a></strong> rose 2%; <strong><a href=\"https://laohu8.com/S/TCOM\">Trip.com</a></strong>, <strong><a href=\"https://laohu8.com/S/NTES\">NetEase</a></strong>, <strong><a href=\"https://laohu8.com/S/JD\">JD.com</a></strong>, <strong><a href=\"https://laohu8.com/S/BIDU\">Baidu</a></strong>, and <strong><a href=\"https://laohu8.com/S/PDD\">PDD Holdings</a></strong> rose 1%. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1cc701d450bcf0f928516aed2b72ab81\" tg-width=\"565\" tg-height=\"438\"/></p><p><strong><a href=\"https://laohu8.com/S/WOLF\">Wolfspeed</a></strong> is pushing forward with corporate restructuring while navigating bankruptcy court. The semiconductor company announced plans to convert from North Carolina to Delaware incorporation by September 29, 2025. The shares plunged 34.6% on Friday, and dropped another 3.3% in overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e739fdf9e1df58d8be532306a027202\" tg-width=\"537\" tg-height=\"156\"/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>24H｜Merus Surges 19%; Chinese ADRs Jump With Li Auto up 7%, Alibaba up 3%; Wolfspeed Drops Another 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n24H｜Merus Surges 19%; Chinese ADRs Jump With Li Auto up 7%, Alibaba up 3%; Wolfspeed Drops Another 3%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2025-09-29 09:53</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><head></head><body><p>Denmark’s Genmab A/S is in advanced talks to acquire <strong><a href=\"https://laohu8.com/S/MRUS\">Merus NV</a></strong>, a Dutch drugmaker that’s developing a treatment for cancer of the head and neck, according to people with knowledge of the matter, Bloomberg reported. US-listed Merus shares surged 19.1% in overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7669de9aa853f9c59c44eac2dd9c8c5a\" tg-width=\"536\" tg-height=\"182\"/></p><p>Some Chinese ADRs jumped in overnight trading. <strong><a href=\"https://laohu8.com/S/LI\">Li Auto</a></strong> rose 7%; <strong><a href=\"https://laohu8.com/S/BABA\">Alibaba</a></strong> rose 3%; <strong><a href=\"https://laohu8.com/S/BILI\">Bilibili</a></strong>, <strong><a href=\"https://laohu8.com/S/NIO\">NIO</a></strong>, and <strong><a href=\"https://laohu8.com/S/XPEV\">XPeng</a></strong> rose 2%; <strong><a href=\"https://laohu8.com/S/TCOM\">Trip.com</a></strong>, <strong><a href=\"https://laohu8.com/S/NTES\">NetEase</a></strong>, <strong><a href=\"https://laohu8.com/S/JD\">JD.com</a></strong>, <strong><a href=\"https://laohu8.com/S/BIDU\">Baidu</a></strong>, and <strong><a href=\"https://laohu8.com/S/PDD\">PDD Holdings</a></strong> rose 1%. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1cc701d450bcf0f928516aed2b72ab81\" tg-width=\"565\" tg-height=\"438\"/></p><p><strong><a href=\"https://laohu8.com/S/WOLF\">Wolfspeed</a></strong> is pushing forward with corporate restructuring while navigating bankruptcy court. The semiconductor company announced plans to convert from North Carolina to Delaware incorporation by September 29, 2025. The shares plunged 34.6% on Friday, and dropped another 3.3% in overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e739fdf9e1df58d8be532306a027202\" tg-width=\"537\" tg-height=\"156\"/></p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JD","symbol_name":"京東","start_time":0,"source_url":"","article_id":"1126223435","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126223435","pubTimestamp":1759110815,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Denmark’s Genmab A/S is in advanced talks to acquire $Merus NV(MRUS)$, a Dutch drugmaker that’s developing a treatment for cancer of the head and neck, according to people with knowledge of the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JD":"京东","PDD":"拼多多","BIDU":"百度","LI":"理想汽车","NIO":"蔚来","BILI":"哔哩哔哩","MRUS":"Merus B.V.","XPEV":"小鹏汽车","BABA":"阿里巴巴","NTES":"网易","WOLF":"Wolfspeed Inc.","TCOM":"携程网"},"translate_title":"24H|Merus大涨19%；中国ADR上涨，理想汽车上涨7%，阿里巴巴-SW上涨3%；Wolfspeed又下跌3%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":1.1,"BIDU":1.1,"BILI":1.1,"JD":1.1,"LI":1.1,"MRUS":1.1,"NIO":1.1,"NTES":1.1,"PDD":1.1,"TCOM":1.1,"WOLF":1.1,"XPEV":1.1},"content_text":"Denmark’s Genmab A/S is in advanced talks to acquire Merus NV, a Dutch drugmaker that’s developing a treatment for cancer of the head and neck, according to people with knowledge of the matter, Bloomberg reported. 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