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Changes in Hong Kong stocks | BeiGene (06160) opened more than 7% higher, adjusted net profit increased 96% year-on-year in the first three quarters, Citi indicated that Baiyueze's performance continued to be better than expected
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The Zhitong Finance App learned that BeiGene (06160) opened more than 7% higher. As of press release, it had risen 7.57% to HK$267, with a turnover of HK$803.36 million.

According to the news, recently, BeiGene announced its results for the third quarter of 2026, with total revenue of about US$1.89 billion, up 34% year on year; net product revenue was about US$1,855 million, up 33% year on year. Net profit was approximately US$385 million, up 208% year on year; adjusted net profit was approximately US$539 million, up 77% year on year. In the first three quarters of 2026, total revenue was approximately US$5.108 billion, up 33% year on year; net profit of US$849 million, up 285% year on year; adjusted net profit was approximately US$1,358 million, up 96% year on year.

Citigroup released a research report saying that BeiGene once again recorded strong quarterly performance last quarter, with total revenue of about US$1.89 billion, 1% and 8% higher than the bank's and market expectations. It was mainly driven by Baiyueze's continued better-than-expected performance, which supported the company to raise its 2026 fiscal year revenue guidelines again, from the previous 6.6 billion to 6.8 billion US dollars. On the product side, Baiyueze's revenue reached about 1.39 billion US dollars, up 11% from quarter to quarter. US sales exceeded 1 billion US dollars for the first time, and growth in China and the rest of the world remained healthy.

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