CSPC PHARMA (01093.HK) +0.410 (+4.649%) Short selling $688.76M; Ratio 25.391% continued to face pressure in its 1Q25 results, with revenue excluding BD income falling by 30% YoY, BOCOMI released a research report saying. Of which, the OTC drug business declined by 37%, while sales of anti-tumor products dropped by 66%, with a fall of nearly 30% in the CNS segment. However, the Company is expected to achieve three major overseas licensing deals this year, each potentially involving over US$5 billion. Related NewsHSBC Research Upgrades CSPC PHARMA to Buy, Raises TP to HKD9.5Coupled with enhanced promotion of NBP, the inclusion of Duomeisu in centralized procurement and less impact from channel inventory de-stocking in the Company, the broker anticipated CSPC PHARMA to recognize more BD income in the future, and lifted its target price from $5.8 to $7.2, with rating kept at Neutral. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-09 16:25.)