On September 3, WUXI XDC rose 3.59% in regular trading, trading at 73.65 HKD/share with turnover of approximately 93.36 million HKD, marking a notable rebound following consecutive sessions of decline.
On the news front, the latest disclosure from the Hong Kong Stock Exchange revealed that Schroders PLC purchased 516,500 shares of WUXI XDC on August 31 at an average price of 71.01 HKD per share, involving approximately 36.68 million HKD. This lifted Schroders' stake from 4.99% to 5.03%. The move follows Schroders' prior reduction of 531,000 shares on August 28 at 73.04 HKD, which had briefly brought its holding below the 5% threshold.
The stock had previously retreated from above 80 HKD after major shareholder WuXi AppTec sold approximately 53.52 million shares on August 26 via block trade for roughly 3.92 billion HKD — its fifth reduction since late 2024, cumulatively raising about 10.87 billion HKD. With short-term selling pressure largely absorbed and institutional reinvestment providing support, the stock staged a technical rebound.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)