HK Stock Market Move | SHINEWAY PHARM (02877) fell by more than 2% in the afternoon, with a 16.3% year-on-year decrease in revenue for the first three quarters.

SHINEWAY PHARM (02877) fell more than 2% in the afternoon, dropping 2.14% to HK$8.69 as of the time of publication, with a turnover of HK$534.45 million. On the news front, SHINEWAY PHARM announced at noon that as of September 30, 2025, the unaudited revenue in the management accounts of the company and its subsidiaries for the nine months ended had decreased by 16.3% to RMB 2.415 billion. Among them, the revenue from injection products decreased by 23.6% to RMB 786 million; revenue from soft capsule products decreased by 13.7% to RMB 337 million; revenue from granule products decreased by 14.5% to RMB 391 million; revenue from Chinese herbal granule products decreased by 11.8% to RMB 726 million; and revenue from other dosage forms decreased by 6.1% to RMB 175 million.