BEONE MEDICINES (06160.HK) -3.400 (-1.906%) Short selling $310.58M; Ratio 40.136% 's 4Q25 results were mixed, with sales increasing by 32.8% YoY, beating market consensus, according to CLSA's research report. However, net profit missed expectation due to an one-off impairment. Management guided for sales of US$6.2 billion to US$6.4 billion in 2026, representing a YoY growth of approx. 20%.CLSA believed that the Company has multiple late-stage pipeline catalysts in the future, including BCL-2, BTK CDAC and CDK4. After factoring in the results, the broker chopped its target prices for BEONE MEDICINES' H-shares/ US stock/ A-shares from $288/ US$491.2/ RMB423.4 to $286.2/ US$485.1/ RMB384.5, with ratings kept at Outperform.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-03-04 16:25.)