HK Stock Market Move | CK Life Sciences (00775) falls more than 4% again, with a significant increase in research and development expenses. The annual loss has expanded to HK$187 million.
Changjiang Life Science & Technology (00775) fell over 4% again, with a cumulative decline of nearly 15% in the month. As of the time of writing, it dropped 4% to 0.72 Hong Kong dollars, with a turnover of 5.92 million Hong Kong dollars.
CKLIFE SCIENCES (00775) fell more than 4%, with a cumulative decline of nearly 15% this month. As of the time of writing, it fell by 4% to 0.72 Hong Kong dollars, with a turnover of 5.9262 million Hong Kong dollars.
On the news front, CKLIFE SCIENCES released its annual performance, with the group achieving a revenue of 5.41 billion Hong Kong dollars, a decrease of 2% year-on-year. The company's shareholders' equity attributable to losses was 187 million Hong Kong dollars, an increase of 47.61% year-on-year. The announcement stated that the shareholders' equity attributable to losses for the 2025 fiscal year increased by 60.2 million Hong Kong dollars compared to the 2024 fiscal year, reflecting an increase in research and development spending of 66.5 million Hong Kong dollars, as well as several non-cash special and one-time projects.
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YUNNAN ENERGY (01298) issues profit warning, expecting a net loss of HK$500,000 to HK$1.5 million for the year, compared to a profit last year.
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HK & CHINA GAS (00003): Wong Wai Kwan has been reassigned from being a member of the BESG committee to the chairperson of the BESG committee.
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