INSILICO Partners with Qilu Pharmaceutical in Over $900M Drug Development Deal
Strategic Partnership: INSILICO and Qilu Pharmaceutical Group have formed a strategic partnership to collaborate on innovative drug development, focusing on cardiometabolic diseases.
Pharma.AI Utilization: INSILICO will use its Pharma.AI platform to design and optimize small molecule inhibitors, while Qilu Pharmaceutical will handle development and commercialization.
Contract Value: The agreement has a total contract value exceeding $931 million, which includes milestone payments and royalties based on net sales.
Market Impact: The collaboration aims to enhance the management of metabolic diseases through advanced drug development techniques.
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INSILICO's IPO Soars 13% to Reach New Listing High After $39M Milestone Payment Following First Patient Dosing of MEN2501
IPO Performance: INSILICO (03696.HK), specializing in AI drug discovery, opened 4.56% higher and peaked at $68.7, marking a new listing high with a last price of $68.1, reflecting a 13.03% increase and a trading volume of 1.5069 million shares.
Milestone Payment Announcement: The company announced it received approximately $39 million from Menarini Group as a milestone payment following the completion of first-in-patient dosing in a Phase I clinical trial of MEN2501.
<Research>SPDBI Identifies Certain H Shares with Increased Market Capitalization at Lock-up Period's Conclusion in the Coming Year (Table)
Stock Performance Overview: Various Hong Kong stocks showed mixed performance, with ZIJIN GOLD INTL and MINIMAX-WP experiencing significant gains, while others like GUMING and CHERY AUTO faced declines.
Short Selling Data: Short selling activity varied across stocks, with FWD showing a high short selling ratio of 16.999%, while NANSHAN AL INTL had a notably low ratio of 0.135%.
Market Capitalization Insights: The market capitalization at the end of the lock-up periods for these stocks ranges from 21.4 billion to 406.6 billion, indicating varying levels of investor interest and company valuations.
Future Lock-up Dates: Key lock-up expiration dates for these stocks are set between early 2026 and late 2026, which may impact trading strategies and stock performance as these dates approach.
INSILICO Partners with Qilu Pharmaceutical in Over $900M Drug Development Deal
Strategic Partnership: INSILICO and Qilu Pharmaceutical Group have formed a strategic partnership to collaborate on innovative drug development, focusing on cardiometabolic diseases.
Pharma.AI Utilization: INSILICO will use its Pharma.AI platform to design and optimize small molecule inhibitors, while Qilu Pharmaceutical will handle development and commercialization.
Contract Value: The agreement has a total contract value exceeding $931 million, which includes milestone payments and royalties based on net sales.
Market Impact: The collaboration aims to enhance the management of metabolic diseases through advanced drug development techniques.
HSI Rises by 44 Points; POP MART Jumps 6%; BIDU-SW Increases by 4%
Market Performance: The HSI closed up 44 points (0.17%) at 26,629, while the HSCEI fell 8 points (0.1%) to 9,114. The HSTECH rose 16 points (0.28%) to 5,762, with a total market turnover of HKD234.86 billion.
Chip Stocks Rally: Following a rally in memory chip stocks, ASMPT surged 6.3% to HKD108.2, while other chip makers like SMIC and HUA HONG SEMI also saw gains, reflecting positive sentiment in the sector.
Tech Stock Movements: BIDU-SW increased by 4.1% after JPMorgan raised its target price, while TENCENT and MEITUAN-W dipped slightly. BABA-W and JD-SW experienced modest gains.
Automotive and AI Stocks: BYD edged up 0.7%, while XPENG and SERES saw declines. AI stocks like UNISOUND and FOURTH PARADIGM dropped significantly, indicating volatility in the tech and automotive sectors.
HSI Declines 26 Points at Midday, While BIDU Rises Over 4% and ASMPT Jumps 6%
Market Performance: The HSI fell 0.1% to 26,558, while the HSCEI and HSTECH also experienced declines of 0.3% and 0.4%, respectively, with a total half-day turnover of $131.628 billion.
Chip Stocks Surge: External memory chip stocks saw significant gains, with Disco hitting the day limit and ASMPT rising 6%, while other chip stocks like HUA HONG SEMI and INNOSCIENCE also posted positive performances.
Tech Stock Movements: KINGDEE INT'L surged 3.2% on profit expectations, while BIDU-SW rose 4.2% after positive forecasts from JPMorgan; however, major players like TENCENT and MEITUAN-W saw slight declines.
Economic Indicators: China's unemployment rate remained stable at 5.1%, and the Loan Prime Rate for January 2026 was unchanged at 3.00%, aligning with forecasts.
INSILICO (03696.HK) Shares Surge 24.7% to Reach $29.98 at IPO Close
Stock Performance: INSILICO (03696.HK) debuted at $35, a 45.5% increase from its listing price of $24.05, and closed at $29.98, reflecting a 24.7% gain.
Trading Volume: The stock saw a trading volume of 37.73 million shares and a turnover of $1.26 billion, with a book gain of $2,965 per board lot of 500 shares.
INSILICO's IPO Soars 13% to Reach New Listing High After $39M Milestone Payment Following First Patient Dosing of MEN2501
IPO Performance: INSILICO (03696.HK), specializing in AI drug discovery, opened 4.56% higher and peaked at $68.7, marking a new listing high with a last price of $68.1, reflecting a 13.03% increase and a trading volume of 1.5069 million shares.
Milestone Payment Announcement: The company announced it received approximately $39 million from Menarini Group as a milestone payment following the completion of first-in-patient dosing in a Phase I clinical trial of MEN2501.
<Research>SPDBI Identifies Certain H Shares with Increased Market Capitalization at Lock-up Period's Conclusion in the Coming Year (Table)
Stock Performance Overview: Various Hong Kong stocks showed mixed performance, with ZIJIN GOLD INTL and MINIMAX-WP experiencing significant gains, while others like GUMING and CHERY AUTO faced declines.
Short Selling Data: Short selling activity varied across stocks, with FWD showing a high short selling ratio of 16.999%, while NANSHAN AL INTL had a notably low ratio of 0.135%.
Market Capitalization Insights: The market capitalization at the end of the lock-up periods for these stocks ranges from 21.4 billion to 406.6 billion, indicating varying levels of investor interest and company valuations.
Future Lock-up Dates: Key lock-up expiration dates for these stocks are set between early 2026 and late 2026, which may impact trading strategies and stock performance as these dates approach.
INSILICO Partners with Qilu Pharmaceutical in Over $900M Drug Development Deal
Strategic Partnership: INSILICO and Qilu Pharmaceutical Group have formed a strategic partnership to collaborate on innovative drug development, focusing on cardiometabolic diseases.
Pharma.AI Utilization: INSILICO will use its Pharma.AI platform to design and optimize small molecule inhibitors, while Qilu Pharmaceutical will handle development and commercialization.
Contract Value: The agreement has a total contract value exceeding $931 million, which includes milestone payments and royalties based on net sales.
Market Impact: The collaboration aims to enhance the management of metabolic diseases through advanced drug development techniques.
HSI Rises by 44 Points; POP MART Jumps 6%; BIDU-SW Increases by 4%
Market Performance: The HSI closed up 44 points (0.17%) at 26,629, while the HSCEI fell 8 points (0.1%) to 9,114. The HSTECH rose 16 points (0.28%) to 5,762, with a total market turnover of HKD234.86 billion.
Chip Stocks Rally: Following a rally in memory chip stocks, ASMPT surged 6.3% to HKD108.2, while other chip makers like SMIC and HUA HONG SEMI also saw gains, reflecting positive sentiment in the sector.
Tech Stock Movements: BIDU-SW increased by 4.1% after JPMorgan raised its target price, while TENCENT and MEITUAN-W dipped slightly. BABA-W and JD-SW experienced modest gains.
Automotive and AI Stocks: BYD edged up 0.7%, while XPENG and SERES saw declines. AI stocks like UNISOUND and FOURTH PARADIGM dropped significantly, indicating volatility in the tech and automotive sectors.
HSI Declines 26 Points at Midday, While BIDU Rises Over 4% and ASMPT Jumps 6%
Market Performance: The HSI fell 0.1% to 26,558, while the HSCEI and HSTECH also experienced declines of 0.3% and 0.4%, respectively, with a total half-day turnover of $131.628 billion.
Chip Stocks Surge: External memory chip stocks saw significant gains, with Disco hitting the day limit and ASMPT rising 6%, while other chip stocks like HUA HONG SEMI and INNOSCIENCE also posted positive performances.
Tech Stock Movements: KINGDEE INT'L surged 3.2% on profit expectations, while BIDU-SW rose 4.2% after positive forecasts from JPMorgan; however, major players like TENCENT and MEITUAN-W saw slight declines.
Economic Indicators: China's unemployment rate remained stable at 5.1%, and the Loan Prime Rate for January 2026 was unchanged at 3.00%, aligning with forecasts.
INSILICO (03696.HK) Shares Surge 24.7% to Reach $29.98 at IPO Close
Stock Performance: INSILICO (03696.HK) debuted at $35, a 45.5% increase from its listing price of $24.05, and closed at $29.98, reflecting a 24.7% gain.
Trading Volume: The stock saw a trading volume of 37.73 million shares and a turnover of $1.26 billion, with a book gain of $2,965 per board lot of 500 shares.
