HK Stock Market Move | INNOGEN-B(02591) falls nearly 6% again, stock price approaching historical lows, cornerstone investors officially lifting lock-up restrictions today.
Sinopharm Group-B (02591) fell nearly 6% again, hitting a low of 12.84 Hong Kong dollars, approaching the historical low of 12.16 Hong Kong dollars. As of the time of publication, it fell 5.64% to 12.88 Hong Kong dollars, with a turnover of 105.98 million Hong Kong dollars.
INNOGEN-B (02591) fell nearly 6%, hitting a low of 12.84 Hong Kong dollars, approaching the historical low of 12.16 Hong Kong dollars. As of the time of writing, it is down 5.64% at 12.88 Hong Kong dollars, with a turnover of 10.5998 million Hong Kong dollars.
On the news front, according to a previous announcement by Yinuo Pharmaceuticals, the lock-up period for cornerstone investors will expire on May 14, 2026, and the related shares will be officially unlocked for trading on May 15. The cornerstone investors hold a total of 4.201 million shares. Yinuo Pharmaceuticals' financial results for the year 2025 show that the group generated approximately 131.5 million yuan in revenue; net loss was 341 million yuan, an increase of 95.4% year-on-year. Sealand pointed out that the Phase III weight reduction data for Suba is expected to be released by the end of 2026.
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