Movement Alert|WuXi XDC Declines 3.04% in Regular Trading, BOCOM International Cuts Target Price and Earnings Forecasts

Market Focus
07/17

On July 17, WuXi XDC (02268.HK) fell 3.04% in regular trading to HK$56.25, with turnover of HK$128 million.

On the news front, BOCOM International recently lowered its target price for WuXi XDC to HK$80 while maintaining a Buy rating, citing short-term headwinds. The broker cut 2026-2028 revenue forecasts by 4% and slashed net profit estimates by 15% to 23%, reflecting FX volatility, one-time financial costs from the Dongzhao Pharma acquisition and consolidation, and rising SG&A expenses. Adjusted net profit forecasts were also reduced by 4% to 14%.

The broader Life Sciences Tools and Services sector saw widespread selling pressure on the same session. Among peers, WuXi Biologics fell 4.12%, WuXi AppTec dropped 4.07%, Insilico declined 8.28%, Joinn Laboratories fell 9.99%, and XtalPi lost 5.53%, indicating broad sector weakness compounding the stock-specific downgrade impact.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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