JD Health (06618) surged nearly 4% during trading, settling at a 3.31% gain to HK$45.20 by press time with robust turnover hitting HK$385 million. The uptick followed Innovent Biologics' announcement of a freshly inked strategic collaboration with the e-health giant. This multi-faceted alliance will harness both companies' core strengths across pharmaceutical supply chains, omni-channel sales networks, and digital marketing ecosystems to deliver diverse, premium healthcare solutions to consumers.
JD Health CEO Jin Enlin emphasized the company's commitment to "ensuring quality medicines reach patients efficiently," highlighting ambitions to revolutionize healthcare through technological empowerment. He framed the partnership as a launchpad for exploring expanded cooperation in oncology, chronic disease management, and other therapeutic domains.
Market optimism received further fuel from UBS research anticipating JD Health's Q2 revenue growth between 17%-19% year-on-year. This trajectory implies first-half expansion exceeding 20%—significantly outpacing market consensus of 18.6%. The investment bank also projected sustained gross margin improvement, propelled by widening product sales profitability and surging advertising revenue. Echoing this sentiment, Nomura analysts forecast both revenue and earnings potentially beating expectations for the first half.
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