JP-SBPH@EC2604A

China Bio-Pharmaceutical Completes Phase III Clinical Trial Enrollment For TQB2102 In HER2 Low-Expression Breast Cancer

China Biopharmaceutical Completes Patient Recruitment for LM-302's Phase III Clinical Trial

Bocom International Maintains Buy Rating on China Bio

CMBI Adjusts China Bio-Pharmaceutical's Net Profit Forecast and Maintains Buy Rating

China BioPharm Ltd. Announces Positive Phase II Clinical Trial Results for TQA3605 in Chronic Hepatitis B Treatment

China Biopharmaceutical Acquires Herjia for 120 Million

China Biopharmaceutical Announces Acquisition of Hygieia Biotech

China Biology Pharmaceutical Announces Willingness to Acquire More Biotech Companies in China and Seek Cross-border Cooperation

China Bio-Pharmaceutical acquires 100% equity of Herjia

CSOBP Management Outlines Business Prospects and Expresses Optimism on National Medical Insurance Negotiations

China Biopharmaceuticals receives executive 增持

China Biopharma Initiates Phase III Clinical Trial of TDI01 for Idiopathic Pulmonary Fibrosis

China Biologic Completes Phase II Clinical Trials for Psoriasis Drug TQH3906

Xie Xin Increased Holdings in China Bio-Pharmaceuticals

Nomura Downgrades China Biologic Products Target Price to HKD 8.3

Chinese Innovative Pharmaceutical Companies Discuss Overseas Strategies: From 'Riding Others' Ships' to 'Building Their Own Ships'

Zentelxin (Cumbexil) Approved for Market by Chong Kun Dang Pharmaceutical

ChinaBiot's Innovative Drug TQF3250 Capsules Clinical Trial Application Approved by Chinese and US Authorities

China Biopharmaceutical's Rotigotine Patch Approved for Market Launch by NMPA

China Biologic Completes First Patient Enrollment for TRD208 Phase I Clinical Trial

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CENTURY GINWA

STARGLORY HLDGS

RIDGE OUTDOOR

SYNAGISTICS

PROSP INV HOLD

HING LEE (HK)

ELEGANCEOPTICAL

CH ENV TECH&BIO

SHANGHAI QINGPU

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Sino Biopharmaceutical shares rose 5.6% to HK$6.97, marking the largest one-day gain since November 13. The stock reached its highest point since January 29, continuing a six-day upward trend. The company announced that its breast cancer drug TQB2102, a HER2 bispecific ADC, is in phase III clinical trials, with subject enrollment recently completed. Year-to-date, the stock is up 12%, while the Hang Seng Biotech Index has increased by 13.4%.

Reuters

Guotai CSI Bio-medicine ETF

E Fund CSI 300 Health Care ETF

E Fund CSI Biotechnology Theme ETF

SINO BIOPHARM

Founder Fubon CSI Medicine and Medical Device Innovation ETF

ChinaAMC SSE STAR Biology and Medicine ETF

Hwabao WP Hang Seng SCHK Innovative Drug Select ETF

ChinaAMC CSI Biotechnology Theme ETF

China Universal 800 Health Care ETF

GF CSI HK Innovative Drugs Industry ETF(QDII)

Penghua CSI HK Connect Health Care Composite ETF

Tianhong CNI BIOMEDICINE ETF

ChinaAMC Hang Seng Biotechnology Technology ETF(QDII)

Fullgoal Hang Seng SCHK Innovative Drug & Healthcare ETF

Huaan Hang Seng Biotech ETF

Guotai Hang Seng Biotech ETF

ChinaAMC SSE Health Care ETF Initiating Fund

China Southern Hang Seng Biotech ETF(QDII)

Guotai SSE STAR Brand Name Drug ETF

Yinhua CSI Innovative Drugs Industry ETF

E Fund Hang Seng SCHK Innovative Drug ETF

Ping An CSI Medicine and Medical Device Innovation ETF

Penghua SSE STAR Biology and Medicine ETF

China Universal CSI Biotechnology Theme Index Initiating Fund(LOF)-A

ICBCCS SSE STAR Biology and Medicine ETF

Minsheng Royal CSI Biotechnology Theme ETF

China Merchants CSI Biotechnology Theme ETF

Sino Biopharmaceutical rises on progress of breast cancer drug

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The Hang Seng Biotechnology Index rose over 4% intraday, CSPC PHARMA rose over 7%, INNOVENT BIO rose nearly 7%, WUXI BIO and SINO BIOPHARM rose over 5%

Wallstreetcn

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INNOVENT BIO

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Sino Biopharmaceutical Completes Subject Enrollment in Phase 3 Trial of Breast Cancer Drug

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Sino Biopharmaceutical Completes Subject Enrollment in Phase 3 Trial of Breast Cancer Drug

Sino Biopharmaceutical Limited has completed enrollment for a Phase III clinical trial of TQB2102, a HER2 bispecific antibody-drug conjugate, targeting HER2-low recurrent or metastatic breast cancer. The trial, named TQB2102-III-01, will compare the efficacy and safety of TQB2102 against standard chemotherapy. Results are pending. This announcement was published via the Hong Kong Stock Exchange.

Bosera Hang Seng SCHK Innovative Drug Select ETF

Bosera Hang Seng Health Care ETF(QDII)

Sino Biopharm Completes Enrollment for Phase III Trial of HER2 Bispecific ADC in HER2-Low Breast Cancer

Sino Biopharm's LM-302 Completes Phase 3 Trial Enrollment in Gastric Cancer Study

Sino Biopharm's LM-302 Completes Phase 3 Trial Enrollment in Gastric Cancer Study

Sino Biopharmaceutical’s subsidiary, LaNova Medicines, has completed Phase III enrollment for tecotabart vedotin (LM-302), the first CLDN18.2 ADC to reach this milestone. This trial targets advanced gastric and gastroesophageal junction adenocarcinoma. Early data shows promising response rates, and a Phase III first-line trial is planned in China. The company aims to enhance its oncology portfolio and global competitiveness, with regulatory support in China and the U.S. The current analyst rating for Sino Biopharmaceutical (HK:1177) is a Hold with a price target of HK$7.50.

Tip Ranks

Sino Biopharm’s CLDN18.2 ADC Becomes First to Complete Phase III Enrollment

Sino Biopharmaceutical Limited has announced the successful completion of patient enrollment for the Phase III registration study of Tecotabart Vedotin (LM-302), an antibody-drug conjugate targeting CLDN18.2. The study focuses on patients with CLDN18.2-positive, locally advanced or metastatic gastric and gastroesophageal junction carcinoma in third-line and later therapy. LM-302 is the first CLDN18.2-ADC to complete patient enrollment in a pivotal Phase III study. Early phase study results combining LM-302 with Toripalimab were presented at the ASCO Annual Meeting 2025.

JUNSHI BIO

Junshi Biosciences

Sino Biopharmaceutical meldet Abschluss der Patienteneinschreibung für Phase-III-Studie von Tecotabart Vedotin bei Magenkrebs

SINO BIOPHARM (1177.HK) has recently experienced a prolonged period of low price fluctuations, with daily candlesticks showing slight alternation between bullish and bearish trends, and an overall downward shift in focus. In the past few trading days, the stock price has retraced to the vicinity of previous low ranges, with trading volume continuously shrinking, indicating a strong wait-and-see sentiment among new capital in the market. From a technical perspective, the MACD indicator remains in a death cross, with significant green bars, and there is considerable divergence between bulls and bears in the short term. 

Fundamentally, the company focuses on its pharmaceutical core business, possessing strong R&D capabilities and product resources. However, it is affected by industry medical insurance cost control, centralized procurement pressures, and a slowdown in quarter-on-quarter performance growth, leading to weakened market confidence. The overall valuation of the Hong Kong pharmaceutical sector is under pressure, with limited inflow momentum from northbound and foreign capital, and a noticeable decline in trading enthusiasm. Meanwhile, the global interest rate hike cycle and the continued weakness of the Hong Kong dollar are also macroeconomic headwinds that further suppress risk appetite for capital.

On the technical side, current support is located in the HKD 3.5-3.8 range, which has historically seen rebounds after multiple touches. However, the sustainability of recent rebounds has been average. If there is a short-term increase in volume that pushes the price above HKD 4, it may open a window for a rebound and repair the weak pattern. Conversely, if the price breaks the support level on reduced volume, there may be a risk of inertia-driven declines. 

Investors are advised to closely monitor the distribution of main capital and the short-term sector atmosphere, and to avoid blindly entering large positions until technical signals are clear. If a rebound stabilizes alongside unusual movements in incremental capital, it may be prudent to participate in short-term opportunities with a light position, while overall operations should prioritize stability and risk control

Technical Forecast

Morning Trend | SINO BIOPHARM retraces to a low point, will a rebound window open?

Hong Kong stocks continued their upward trend on July 28, with the cryptocurrency, innovative drug, gaming, and insurance sectors performing well. Hong Kong's &#34;Stablecoin Ordinance&#34; will officially take effect on August 1, marking the countdown to stablecoin issuance; the innovative drug sector was boosted by Hengrui Pharmaceuticals securing a $12 billion order; insurance stocks extended their gains as industry anti-internal competition and interest rate cuts improved profit prospects; gaming stocks benefited from Macau's July gaming revenue exceeding expectations and Thailand's withdrawal of the casino bill.

HENGRUI PHARMA

Hengrui Pharma

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CPIC

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SANDS CHINA LTD

Sands China

WYNN MACAU

CR HOLDINGS

CHINA LIFE

China Life

MELCO INT'L DEV

GUOTAI JUNAN I

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AIA Group

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Hot Trades in Hong Kong Stocks (7.28)｜Cryptocurrency, Innovative Drugs, Insurance, and Gaming Sectors Shine, Hengrui Pharmaceuticals Soars 15% at Midday

JP-SBPH@EC2604A(18552.HK)

Sino Biopharmaceutical rises on progress of breast cancer drug

The Hang Seng Biotechnology Index rose over 4% intraday, CSPC PHARMA rose over 7%, INNOVENT BIO rose nearly 7%, WUXI BIO and SINO BIOPHARM rose over 5%

Sino Biopharmaceutical Completes Subject Enrollment in Phase 3 Trial of Breast Cancer Drug

Sino Biopharm Completes Enrollment for Phase III Trial of HER2 Bispecific ADC in HER2-Low Breast Cancer

Sino Biopharm's LM-302 Completes Phase 3 Trial Enrollment in Gastric Cancer Study

Hot Trades in Hong Kong Stocks (7.28)｜Cryptocurrency, Innovative Drugs, Insurance, and Gaming Sectors Shine, Hengrui Pharmaceuticals Soars 15% at Midday