Grand Pharmaceutical Group’s Stock Price Plummets to 7.80 HKD, Registering a Sharp 5.91% Dip

Grand Pharmaceutical Group (512)

7.80 HKD -0.49 (-5.91%) Volume: 146.64M

Grand Pharmaceutical Group’s stock price stands at 7.80 HKD, experiencing a decline of -5.91% in the latest trading session with a hefty trading volume of 146.64M, yet showcasing a robust YTD performance with a surge of +62.50%, reflecting its strong market position in the pharmaceutical sector.

Latest developments on Grand Pharmaceutical Group

Grand Pharmaceutical Group Limited (HKG:512) saw its stock price surge by 41% today, following the completion of the Illuccix China Phase 3 study enrolment. Investors showed less pessimism than anticipated, propelling the company’s shares to new heights. This positive momentum was further fueled by Grand Pharmaceutical’s advancements in prostate cancer diagnostics in China, indicating promising growth prospects for the pharmaceutical group.

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