HK Stock Market Move | Joinn Laboratories (06127) rises over 7% again, experiment monkey prices seeing a surge, supply-demand gap may continue to widen.
Zhao Yan's new drug (06127) rose more than 7% again, as of the time of publication, up 7.1%, at 18.56 Hong Kong dollars, with a turnover of 42.5682 million Hong Kong dollars.
Joinn Laboratories (06127) surged more than 7%, up 7.1% to HK $18.56 as of the time of publication, with a trading volume of 42.5682 million Hong Kong dollars.
On the news front, according to Beijing Business Daily, the price of experimental monkeys has seen a sharp increase. It was revealed on December 9th from relevant breeding manufacturers that the price of crab-eating monkeys aged around 3-5 years has risen to 140,000 yuan per monkey, and there is already a shortage of supply within the year. Joinn Laboratories is said to be the world's largest supplier of experimental monkeys.
According to calculations by Founder, it is estimated that the supply of experimental monkeys in 2025-2027 will be approximately 49,000-52,400 monkeys per year, while the demand for experimental monkeys is estimated to be around 51,300-62,600 monkeys per year. The bank believes that in the short term, the increase in demand for experimental monkeys driven by the resurgence in new drug development may widen the gap between supply and demand, as the difficulty of short-term improvement on the supply side remains high.
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