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INNOVENT BIO Hyped Up 16%+; UBS Cites Firm Expecting Breakeven This Yr, Industry Top Pick Reiterated
INNOVENT BIO (01801.HK) opened nearly 6.1% higher this morning (4th) and once climbed to an intraday high of HKD76.95 with a surge of 18.3%. It last traded at HKD76.1, up nearly 17...
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INNOVENT BIO Hyped Up 16%+; UBS Cites Firm Expecting Breakeven This Yr, Industry Top Pick Reiterated
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INNOVENT BIO (01801.HK)  +0.850 (+1.176%)    Short selling $121.31M; Ratio 6.982%   opened nearly 6.1% higher this morning (4th) and once climbed to an intraday high of HKD76.95 with a surge of 18.3%. It last traded at HKD76.1, up nearly 17%, on a turnover of HKD2.69 billion.

INNOVENT BIO narrowed its loss to RMB94.63 million last year. UBS issued a report on Monday (2nd) saying that the company expects to reach breakeven this year, and that it will prioritize partnerships with multinational companies to develop the global market for "PD-1/IL-2a".

Related NewsCCBI Expects HSI to Fluctuate Between 22,000/ 26,000 in 2H25, Suggests Investors to Accumulate Positions on Dips in 3Q
UBS reiterated INNOVENT BIO as its industry top pick, with a Buy rating remaining in place.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)

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