异动解读 | 港元流动性收紧,乐普生物-B盘中大跌6.14%

异动解读
Aug 20, 2025

香港生物医药股今日继续调整,其中乐普生物-B(02157)盘中大跌6.14%,引发市场关注。

据市场分析,此轮生物医药股下跌与香港金融管理局的政策举措密切相关。香港金管局持续回收港元流动性,导致一个月HIBOR上升至两个月高位2.57%,港美利差迅速收窄至1.76%。这一举措直接影响了企业融资成本和投资者的保证金借贷成本,可能降低投资者使用杠杆的意愿。

分析人士指出,对流动性较为敏感的生物医药股、尚未盈利的科技股以及本地地产股可能面临较大的调整压力。除乐普生物-B外,同源康医药-B、翰森制药、科伦博泰生物-B等多只生物医药股今日均出现不同程度的下跌。投资者需密切关注后市走势,谨慎评估相关风险。

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