Innogen soars in Hong Kong debut as demand for anti-obesity drugs drive biomed bull run

Innogen soars in Hong Kong debut as demand for anti-obesity drugs drive biomed bull run

Shares of Guangzhou Innogen Pharmaceutical Group soared on their Hong Kong debut, buoyed by strong investor appetite for China’s pharmaceuticals sector, which has enjoyed rising valuations and solid performance. Trading under the stock code 2591, Innogen’s shares first changed hands at HK$72 on Friday, almost four times more than the initial public offering (IPO) price…

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Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided

Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided

A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong’s bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out…

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