Movement Alert|PharmJet AnKang-B Falls 5.41% in Regular Trading, Stock Under Pressure After ASCO Presentation of Key Phase II Clinical Data

Market Focus
06/05

On June 5, PharmJet AnKang-B (Yaojie Ankang-B) declined 5.41% in regular trading, trading at HK$32.14 per share, with trading volume of approximately HK$73.33 million.

On the news front, the company recently presented key Phase II clinical data for its core product Tinengotinib at the American Society of Clinical Oncology (ASCO) annual meeting in Chicago. The poster presentation disclosed efficacy and safety results of Tinengotinib monotherapy in Chinese advanced cholangiocarcinoma patients who had progressed on prior FGFR inhibitor treatment. As of the data cutoff date, 50 patients were enrolled, with a median follow-up of 12 months. Per blinded independent central review (BICR), the objective response rate (ORR) was 28.0%, with 14 patients achieving confirmed partial response. While the data demonstrated durable anti-tumor activity and a manageable safety profile, the market reaction suggests investors may have anticipated stronger results.

Additionally, the company recently completed an H-share placement of 3,836,000 shares at HK$40.83 per share, and was selected for inclusion in the HKEX Tech 100 Index effective June 15.

(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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