Hong Kong Stock Movement | HENLIUS (02696) Surges Nearly 5% in Early Trading Following Point72 Hedge Fund Stake Increase and Breakthrough Growth in Overseas Product Profits

Stock News
Sep 05

HENLIUS (02696) surged nearly 5% in early trading. As of press time, the stock was up 3.24% to HK$78.05, with a trading volume of HK$3.8845 million.

According to documents disclosed by the Hong Kong Stock Exchange on August 29, Point72, a hedge fund under Steve Cohen, increased its holdings in HENLIUS by 243,800 shares on August 26 at an average price of HK$83.5703 per share, investing approximately HK$20.3744 million. Following this transaction, Point72's total shareholding reached 8.2379 million shares, with its long position ratio rising from 4.89% to 5.04%. The transaction involved other associated parties including Cohen Steven Alan, Point72 Asset Management, L.P., Point72 Capital Advisors, Inc, Point72 Capital Holdings, L.P., Point72 Capital International, Ltd., and Point72, L.P.

Previously, HENLIUS released its interim results for 2025, reporting revenue of RMB 2.82 billion in the first half, up 2.67% year-on-year; gross profit of RMB 2.199 billion, up 10.47% year-on-year; and profit attributable to shareholders of RMB 390 million, up 0.99% year-on-year. During the period, the Group's overseas products achieved sales revenue of approximately RMB 40.6 million, with overseas product profits achieving breakthrough growth of more than double compared to the same period last year. This was primarily driven by the Group's adherence to its internationalization strategy and strong sales performance in the U.S. market, which helped continuously improve international profitability levels.

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