Weichei Power Up, SK Hynix Falls, Genscript Biotech Drops
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Weichai Power’s Hong Kong-listed shares advance as much as 5.4% after JPMorgan raised its price target, citing a more robust shipment outlook, margin resilience, accelerating AI data-center momentum and solid oxide fuel cell commercialization.
- SK Hynix shares decline as much as 2.7% to the lowest since Sept. 16, ahead of the lockup for its ADRs expiring on Oct. 8.
- Genscript Biotech drops to lead Chinese healthcare stocks lower, with investor sentiment hit after Cathie Wood’s ARK Invest cut its position in US peer Twist Bioscience.
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