HK Stock Market Move | CUTIA-B(02487) rose more than 7%, reaching its highest increase of nearly 45% in the month. Institutions state that the short-term growth in hair and cosmetic products is driving revenue growth.

CUTIA-B (02487) rose over 7%, with a nearly 45% increase in the month. As of the time of publication, it has increased by 7.86%, trading at HK$5.49 with a turnover of HK$160 million. In terms of news, Caitong previously pointed out that the company's short-term growth in hair and cosmetics is driving revenue growth strongly; in the medium to long term, the research pipeline is mostly unique/leading globally, with a pace of progress exceeding expectations and the potential to build a multi-level growth curve. The company is seen as a rare target in the broad skin sector that combines consumer and research and development attributes, and platform construction is expected to drive long-term steady growth. It is reported that during last year's Double 11 period, the company achieved a GMV of HK$1.1 billion, a year-on-year increase of 164%. It is worth noting that the Hang Seng Index will undergo a new round of review on February 21, with adjustments taking effect on March 10, and the Hong Kong stock connect will also be adjusted accordingly. The market is concerned that the company may be removed from the Hong Kong stock connect list. It is reported that the actual threshold for removal from the Hong Kong stock connect is HK$4 billion, while the current market value of Scottia is approximately HK$1.7 billion, well below this standard.