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WUXI BIO Tumbles 3%+ as US to Levy 100% Tariff on Branded & Patented Drugs
Recommend 7 Positive 7 Negative 14 |
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From October 1 onwards, the US will impose a 100% tariff on branded or patented drugs except on those from companies with established or under-construction pharmaceutical facilities in the US. Dragged down by the news, WUXI BIO (02269.HK) opened down 2.95% today (26th) and once bottomed at HKD38.42. It last traded at HKD38.54, down 3.65%, with a volume of 4.9564 million shares, involving HKD192 million. WUXI APPTEC (02359.HK) last printed at HKD106.2, down 4.58%. AAStocks Financial News |
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