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Hong Kong biotech names strengthened: Kelun Botai Biotech (06990.HK) rose over 6%, Zai Lab (09688.HK) gained more than 5%; Junshi Biosciences (01877.HK), Fuhong Hanlin (02696.HK), Akeso (09926.HK) and Tigermed (03347.HK) also advanced.

2026-10-16

Hong Kong biotech names strengthened: Kelun Botai Biotech (06990.HK) rose over 6%, Zai Lab (09688.HK) gained more than 5%; Junshi Biosciences (01877.HK), Fuhong Hanlin (02696.HK), Akeso (09926.HK) and Tigermed (03347.HK) also advanced.

Other News
2026-10-16

U.S. EIA gasoline inventories for the week ending October 9 were 3.518 million barrels, compared to an expected decrease of 800,000 barrels and a previous reading of 382,000 barrels.

U.S. EIA gasoline inventories for the week ending October 9 were 3.518 million barrels, compared to an expected decrease of 800,000 barrels and a previous reading of 382,000 barrels.
2026-10-15

UniCredit is studying a transaction to hedge €1bn of German residential mortgage risk as it prepares to expand in Germany. The Milan-based bank expects to obtain control of a German commercial bank in coming months and is gauging investor interest in

UniCredit is studying a transaction to hedge €1bn of German residential mortgage risk as it prepares to expand in Germany. The Milan-based bank expects to obtain control of a German commercial bank in coming months and is gauging investor interest in an unfunded credit-protection deal. German house prices have recovered since end-2024 but the rebound has slowed in recent quarters; rising Rates and tighter mortgage lending by banks leave the sector outlook uncertain.
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