bearish

WuXi AppTec

WuXi AppTec (603259.CH/2359.HK) 2022H1 - The Concerns Behind and the Outlook

479 Views02 Aug 2022 08:59
WuXi AppTec’s 2022H1 growth was not satisfactory.The declining CXO preliminary bid in US will lead to slowdown of CXO's newly added orders from Q4. 2022 is a good time to offload due to gloomy outlook
Boomeranged on Mon, 31 Jul 2023 09:06
In this insight last year, we expressed our concerns on WuXi AppTec's performance in 2023, when we think could be the performance low point. So, let's wait and see the upcoming 2023H1 report. Then, we would further analyze the situation in detail for WuXi AppTec. At present, for CXO, we recommend investors to short-term trade when there is a clear uptrend by taking advantage the positive momentum.
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