Movement Alert|GENSCRIPT BIO Intraday Rise 5.38%, CARVYKTI Q2 Sales Up Nearly 50% YoY Fueling Continued Technical Recovery

Market Focus
07/23

On July 23, GENSCRIPT BIO rose 5.38% in regular trading, trading at HK$16.44/share, with turnover of HK$231 million. The move represents a continuation of the technical recovery from the July 17 low of HK$13.12.

On the news front, the company's associate Legend Biotech previously disclosed that CARVYKTI generated net trade sales of approximately $657 million in Q2, representing nearly 50% year-over-year growth and roughly 10% sequential growth from Q1's $597 million. Prior profit-taking pressure triggered by the slower quarter-over-quarter growth rate was largely absorbed last week, and the market has since refocused on the product's strong year-over-year expansion trajectory.

Within the Life Sciences Tools & Services sector, INSILICO rose 5.77%, WUXI APPTEC rose 2.36%, JOINN rose 2.0%, WUXI BIO rose 1.85%, and XTALPI rose 1.14%.

(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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