China Biotech - Rising Stars ?

Components Performance/Risk
Period Return
5.2%
Return Rank
Below Average
Risk Exposure
Above Average

No one doubts health care in China is becoming an ever bigger story and no one will be surprised to see the Chinese authorities focus doggedly on strengthening the country’s pharmaceutical research

The small number of Chinese companies dedicated to clinical research and listed on U.S. exchanges (essentially on NASDAQ) are a poor reflection of national research occuring in the field

This is all the more reason to watch share price trends of these firms closely, as their progress will mirror governmentall policy (and financial support) to the entire sector

 

Dominated by BeiGene Invalid tag asset, a market cap heavyweight of $25 bn, 20.5% owned by Amgen , our short list calls for further evaluation of firms such as Gracell Biotechnologies Invalid tag asset or I-Mab , notable under-performers over the past 12 months

  • High hopes in BeiGene's anti-PD-1 antibody tislelizumab, for the treatment of various solid tumor cancers is a factor in the firm's recentlly announced partnerships with Novartis - , (Februari '21), with  111.Inc. , a leading tech-enabled healthcare platform company, (March '21) and with major pharmaceuticals firm HUTCHMED (China)   (May '20), buttressing share prices and signaling an ambitious distribution strategy

 

Biotech company share prices are volatile because of the close correlation with experimental outcomes and no recommendation for any single company can be made

However,  the performance of our selection stands out

Theme Components
Name
Ticker
Sector
Industry
Cur. Price
Mkt. Cap
Performance
Momentum
Risk Rank
Risk Contrib
 
BeiGene (ADR) ONC Health CareGene Therapies361.2741 B18.7% Neutral Below Average
Legend Biotech (ADR) LEGN Health CareGene Therapies21.104.0 B-32.7% Weak Up High Risk
HUTCHMED (ADR) HCM Health CareImmunotherapy13.272.3 B-14.1% Neutral Average Risk
I-Mab (ADR) IMAB Health CareImmunotherapy4.95404 M0.0% Neutral Low Risk
Innovent Biologics (ADR) IVBXF Health CareImmunotherapy10.53--1.1% Weak Down High Risk
Sino Biopharmaceutical SBMFF Health CareDrug Manufacturers - Diversified0.67--22.8% Weak Down Low Risk
WuXi Biologics (Cayman) (ADR) WXXWY Health CareMedical Laboratories & Research11.25-23.8% Weak Down Average Risk
Genscript Biotech GNNSF Health CareDNA testing & Gene editing4.50-114.3% Sharp Down Above Average
Zai Lab (ADR) ZLAB Health CareOncology21.672.4 B-17.5% Weak Down Above Average
Adagene (ADR) ADAG Health CareOncology2.29118 M40.2% Sharp Down High Risk
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