On August 5, WUXI APPTEC rose 3.2% in regular trading, trading at HKD 186.9/share with turnover of HKD 226 million, extending the prior session's strong momentum following the release of blockbuster interim results.

On the news front, the company reported H1 revenue of RMB 28.897 billion, up 38.93% year-over-year, with net profit attributable to shareholders reaching RMB 11.08 billion, up 29.43% — marking the first time half-year profit exceeded RMB 10 billion. JPMorgan noted that Q2 revenue and adjusted net profit beat its estimates by 25% and 47% respectively, maintaining an Overweight rating. CLSA raised its target price to HKD 214.1. Management also raised full-year revenue guidance from RMB 51.3-53.0 billion to RMB 58.5-60.5 billion, with continuing operations revenue growth upgraded from 18%-22% to 35%-39%. As of end-June, the backlog for continuing operations stood at RMB 66.43 billion, up 25.2% year-over-year, further validating sustained sector momentum.

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