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19/08/2025

Due to lower-than-expected mid-term trial data for Viking Therapeutics' (VKTX.US) experimental oral weight loss drug, the stock plummeted nearly 34% in pre-market trading on Tuesday. Viking stated in a release that their oral GLP-1R/GIPR dual agonist VK2735 can help patients lose up to 12.2% of their weight. However, about 28% of patients dropped out of the trial in just three months, diminishing confidence in the drug's ability to compete with drugs from Eli Lilly (LLY.US) and Novo Nordisk (NVO.US). Mizuho Securities analyst Jared Holz noted, "It's worth noting the high dropout rate of patients within the 13-week period."

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1 m ago

Canadian mining company First Quantum has reached a $1.25 billion copper agreement with Zambia. This means that the long-delayed expansion project of the Kansanshi copper mine owned by the company will finally be put into production.

8 m ago

According to the AI quick report, Huolong Securities released a research report on August 18, giving Zhenhua Co., Ltd. (603067.SH) a rating of "increased holdings". The main reasons for the rating include: 1) Changes in the demand structure of chromium salt products, the company's effective production capacity is fully released; 2) Capacity expansion is expected to consolidate economies of scale, and long-term prospects are optimistic about the synergistic value of the three bases. (Daily Economic News)

9 m ago

The Australian dollar/US dollar fell by 0.5% during the day, closing at 0.6457.

9 m ago

Bright Future Company's MSCI Nordic Countries Index rose by 0.8%, strengthening for the sixth consecutive trading day to 348.22 points. Among the 10 sectors, the Nordic industrial sector led the gains. Heating and cooling equipment supplier Alfa Laval Group rose by 4.3%, leading all constituent stocks in the Nordic region.

9 m ago

Ming Cheng Company's MSCI Nordic countries index rose by 0.8% for the sixth consecutive trading day, closing at 348.22 points. Among the 10 sectors, the Nordic industrial sector was the top performer. Heating and cooling equipment supplier Alfa Laval Group rose by 4.3%, leading the pack of Nordic constituent stocks.

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