HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

Industry Report - Insights on China Companion Diagnostics Market (Business Logic and Outlook)

China Healthcare Weekly (Aug.5) - HK IPO, Innovent, BeiGene, the Largest IVD Centralized Procurement

Shandong Weigao Orthopaedic - 2022 Is the Real Test. Short-Term Performance Pressure Is Inevitable

Re-Examine the Outlook and Investment Strategy for China Biotech and CXO

WuXi AppTec Co Ltd (2359.HK/603259.CH) 2022Q1 - Some Points Worth the Attention

WuXi AppTec (603259.CH/2359.HK)- The Private Placement and Shanghai Yingyi’s Illegal Share Reduction

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Bottom-Up

<ul>
<li>Our interpretation of WuXi AppTec's proposed disposal is that its founder affiliates could be concerned about the Company’s future prospects, so they choose to offload in advance.</li>
<li>A possible reason for WuXi AppTec to highlight the optimism about its performance and deliver a prosperous outlook/positive signal to the market is to "shield" the implementation of its proposed disposal.</li>
<li>The risk is out of proportion to the opportunity. We advised investors to catch the rebound and offload rather than hold long term. It’s just temporary rebound not complete reversal.</li>
</ul>


Our interpretation of WuXi AppTec's proposed disposal is that its founder affiliates could be concerned about the Company’s future prospects, so they choose to offload in advance.
A possible reason for WuXi AppTec to highlight the optimism about its performance and deliver a prosperous outlook/positive signal to the market is to "shield" the implementation of its proposed disposal.
The risk is out of proportion to the opportunity. We advised investors to catch the rebound and offload rather than hold long term. It’s just temporary rebound not complete reversal.


WuXi AppTec (603259.CH/2359.HK) - Behind the Proposed Disposal of A Shares