12月9日，港股开盘走势分化，其中恒生指数上涨15.61点，涨幅0.06%报25780.97点；恒生科技指数下 跌6.48点，跌幅0.11%报5656.07点；国企指数上涨0.42点报9083.11点；红筹指数下跌4.27点，跌幅0.1% 报4214.01点。 盘面上，科网股涨跌不一，阿里巴巴涨超1%，快手跌超1%；中资券商股高开，国联民生涨超1%；创新 药概念部分上涨，歌礼制药涨超14%；汽车股活跃，奇瑞汽车涨超2%。生物医药股、汽车股、海运股 普涨，万国黄金集团涨3.6%。半导体股、煤炭股多数走低，中国中冶大跌近6%。 企业新闻 东风集团股份(00489.HK)：前11月累计销量169.7万辆，同比下降约0.3%。其中新能源汽车销量为 489,203辆，同比增长约39.1%。 新天绿色能源(00956.HK)：前11月累计完成发电量1336.89万兆瓦时，同比增加8.04%。其中11月完成发 电量166.2万兆瓦时，同比增加24.45%。 龙源电力(00916.HK)：前11个月累计完成发电量约6909.64万兆瓦时，同比增长0.41%。 绿地香港(00337.HK)：前11个月合约销售约68.23亿元， ...

Core Viewpoint - The stock of Gilead Sciences-B (01672) opened nearly 15% higher, reaching a price of HKD 16.47, following positive results from a Phase II study of the oral small molecule GLP-1 receptor agonist ASC30 for obesity treatment [1] Group 1: Study Results - Gilead Sciences announced that the 13-week Phase II study (NCT07002905) of ASC30 achieved positive topline results, demonstrating statistically significant and clinically meaningful weight loss [1] - ASC30 also met secondary and exploratory endpoints, indicating its potential effectiveness beyond primary weight loss [1] Group 2: Cardiovascular Risk Markers - ASC30 reduced several known cardiovascular risk markers across all dosage groups, including total cholesterol, low-density lipoprotein cholesterol (LDL-C), triglycerides, systolic and diastolic blood pressure [1] - The blood concentration of ASC30 increased with dosage, suggesting a dose-dependent relationship [1]

消息面上，歌礼制药宣布，评估口服小分子GLP-1受体(GLP-1R)激动剂ASC30治疗肥胖症的13周II期研 究(NCT07002905)取得积极的顶线结果。除了实现具有统计学显著性和临床意义的体重下降外，ASC30 也达到了次要和探索性终点。ASC30在所有剂量组中均降低了多项已知的心血管风险标志物，包括总胆 固醇、低密度脂蛋白胆固醇(LDL-C)、甘油三酯以及收缩压和舒张压。在稳态下，ASC30的血药浓度随 剂量增加而增加。 歌礼制药-B(01672)高开近15%，截至发稿，涨14.93%，报16.47港元，成交额1073.84万港元。 ...

人民财讯12月9日电，港股开盘，恒生指数涨0.06%，恒生科技指数跌0.11%，歌礼制药涨近15%，泰达 生物涨超10%。 ...

Core Insights - The company announced positive topline results from a 13-week Phase II study evaluating the oral small molecule GLP-1 receptor agonist ASC30 for obesity treatment, demonstrating statistically significant and clinically meaningful weight loss compared to placebo [1][2] Group 1: Study Results - The study involved 125 obese or overweight participants with at least one weight-related comorbidity, assessing three doses of ASC30 (20 mg, 40 mg, and 60 mg) [1] - At week 13, the average weight loss relative to baseline was 7.7% for the 60 mg dose, with the 20 mg and 40 mg doses showing weight loss of 5.4% and 7.0% respectively, all achieving statistical significance (p < 0.0001) [1] - 80% of participants receiving the 60 mg dose experienced a weight loss of ≥5%, while 45% achieved a weight loss of ≥7%, compared to 4.2% in the placebo group for both metrics [2] Group 2: Secondary and Exploratory Endpoints - ASC30 also demonstrated reductions in various cardiovascular risk markers across all dosage groups, including total cholesterol, low-density lipoprotein cholesterol (LDL-C), triglycerides, systolic and diastolic blood pressure [2] - The drug's plasma concentration increased with dosage, indicating a dose-dependent pharmacokinetic profile [2] Group 3: Safety and Tolerability - The incidence of vomiting with weekly titration of ASC30 was approximately half that observed with orforglipron, indicating better gastrointestinal tolerability [3] - All gastrointestinal adverse events (AEs) were mild to moderate, with no severe AEs reported, and the overall discontinuation rate due to AEs was 4.8% [3][4] - No liver safety signals were observed, and laboratory tests showed no significant abnormalities [4] Group 4: Future Plans - The company plans to submit data to the FDA and request an End-of-Phase II meeting in Q1 2026, anticipating further improvements in gastrointestinal tolerability during the Phase III study with a four-week titration schedule [4]

Core Insights - The Phase II study of ASC30, an oral GLP-1 receptor agonist for obesity treatment, has shown positive topline results, demonstrating statistically significant and clinically meaningful weight loss compared to placebo [1][2] Group 1: Study Results - The study involved 125 participants with obesity or overweight with at least one weight-related comorbidity, assessing three doses of ASC30 (20 mg, 40 mg, and 60 mg) [1] - At week 13, the average weight loss relative to baseline was 5.4%, 7.0%, and 7.7% for the 20 mg, 40 mg, and 60 mg doses respectively, all showing statistical significance (p < 0.0001) [1] - 80.0% of participants receiving 60 mg ASC30 experienced a weight loss of ≥5%, compared to 4.2% in the placebo group [2] Group 2: Secondary and Exploratory Endpoints - ASC30 also achieved secondary and exploratory endpoints by reducing cardiovascular risk markers, including total cholesterol, LDL-C, triglycerides, systolic and diastolic blood pressure across all dose groups [2] Group 3: Safety and Tolerability - The overall discontinuation rate due to adverse events was 4.8%, with gastrointestinal adverse events being the primary cause [4] - No severe gastrointestinal adverse events were reported, and the tolerability of ASC30 was comparable to orforglipron, with a lower incidence of vomiting [3][4] - No liver safety signals were observed, and laboratory tests showed no significant abnormalities [4] Group 4: Future Plans - The company plans to submit data to the FDA and request an End-of-Phase II meeting in Q1 2026, anticipating further improvements in gastrointestinal tolerability in Phase III studies [4]

Core Viewpoint - The company has announced positive topline results from a 13-week Phase II study of the oral small molecule GLP-1 receptor agonist ASC30 for the treatment of obesity, indicating significant weight loss compared to placebo [1][2] Group 1: Study Results - The Phase II study involved 125 obese or overweight participants with at least one weight-related comorbidity, conducted across multiple centers in the United States [1] - All three doses of ASC30 (20 mg, 40 mg, and 60 mg) achieved the primary endpoint, showing statistical significance (p-values < 0.0001) and clinical relevance in weight reduction compared to placebo [1] - The average weight loss at week 13, adjusted for placebo, was as high as 7.7% for the 60 mg dose of ASC30 [1] Group 2: Future Plans - The CEO expressed optimism about the Phase II results, highlighting ASC30's potential for weight loss and gastrointestinal tolerance, suggesting it may be best-in-class [2] - The company anticipates further improvement in gastrointestinal tolerance during the Phase III study, where dosing will shift to every four weeks [2] - Plans are in place to submit data and request an End-of-Phase II meeting with the FDA in the first quarter of 2026 [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Ascletis Pharma Inc. 歌禮製藥有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1672） 自願性公告 在第13週的主要終點上，每日一次ASC30片的經安慰劑校正後的平均體重下降 呈劑量依賴性，20毫克、40毫克和60毫克產生的體重下降分別達5.4%、7.0%和 7.7%。未觀察到減重平台期。受試者的基線平均體重和體重指數(BMI)分別為 107.3 kg和38.6 kg/m2 。 該ASC30 II期研究因不良事件導致的總體停藥率為4.8%。在各劑量組中，ASC30 片因不良事件導致的停藥率分別為7.3%（20毫克）、7.5%（40毫克）和0.0%（60毫 克），安慰劑組為0.0%。導致停藥的不良事件僅為胃腸道不良事件（惡心、嘔吐和 便秘）。未觀察到肝臟安全性信號，且丙氨酸氨基轉移酶(ALT)、天冬氨酸氨基轉 移酶(AST)或總膽紅素(TBL)水平未有升高。此外，實驗室檢查、 ...

Market Overview - The Hong Kong stock market faced pressure, with the Hang Seng Index dropping over 1%, closing at 25,965.36 points, down 1.23% or 319.72 points, with a total turnover of HKD 2,062.3 million [1] - The Hang Seng China Enterprises Index fell by 1.25% to 9,083.53 points, while the Hang Seng Tech Index remained flat at 5,662.55 points [1] Blue Chip Performance - Baidu Group-SW (09888) led blue-chip stocks, rising 3.45% to HKD 125.8, contributing 8.38 points to the Hang Seng Index [2] - Other notable performers included SMIC (00981) up 2.94%, China Ping An (02318) up 2.15%, while China Construction Bank (00939) fell 4.01%, dragging the index down by 54.39 points [2] Sector Highlights - Large tech stocks generally declined, with Alibaba down over 1% and Tencent down 0.82% [3] - Chinese brokerage stocks rose against the trend, with Huatai Securities (06886) up 5.17% and GF Securities (01776) up 3.1% [3] - The light communication sector saw significant gains, with Huiju Technology rising over 7% [4] - Lithium stocks mostly increased, with Ganfeng Lithium (01772) up 6.95% and CATL (03750) up 3.28% [5] Regulatory Developments - The Chairman of the China Securities Regulatory Commission (CSRC) emphasized the need to accelerate the development of top-tier investment banks and institutions, indicating a potential easing of regulations for quality institutions [4] - The CSRC plans to optimize risk control indicators and moderately open up capital space and leverage limits, which could benefit leading brokerages [4] New Listings and Stock Movements - Two new stocks were listed, with Zhuoyue Ruixin (02687) surging 87.26% and Naxinwei (02676) declining 4.31% [7] - Restructured Energy (02570) faced a significant drop of 27.33% on its first trading day after the lock-up period ended [8] - Silver Pharma-B (02591) saw a decline of 14.32% following its inclusion in the Hong Kong Stock Connect [9] - Sutech (02498) performed well, rising 5.23% after securing a major order from FAW Toyota [10] Pharmaceutical Sector Updates - The National Healthcare Security Administration announced the addition of 114 new drugs to the 2025 National Medical Insurance Drug List, with a success rate of 88%, up from 76% in 2024 [6]

Market Overview - The Hong Kong stock market faced pressure, with the Hang Seng Index dropping over 1%, closing at 25,965.36 points, down 1.23% or 319.72 points, with a total turnover of HKD 206.23 billion [1] - The Hang Seng China Enterprises Index fell by 1.25% to 9,083.53 points, while the Hang Seng Tech Index remained flat at 5,662.55 points [1] Blue Chip Performance - Baidu Group-SW (09888) led blue-chip stocks, rising 3.45% to HKD 125.8, contributing 8.38 points to the Hang Seng Index [2] - Other notable performers included SMIC (00981) up 2.94% and China Ping An (02318) up 2.15%, while China Construction Bank (00939) fell 4.01%, dragging the index down by 54.39 points [2] Sector Highlights - Major technology stocks generally declined, with Alibaba down over 1% and Tencent down 0.82% [3] - Chinese brokerage stocks rose against the trend, with Huatai Securities (06886) up 5.17% and GF Securities (01776) up 3.1% [3][4] - The light communication sector saw significant gains, with Huiju Technology (01729) rising 7.65% [4] - Lithium stocks mostly increased, with Ganfeng Lithium (01772) up 6.95% and CATL (03750) up 3.28% [5] Regulatory Developments - The Chairman of the China Securities Regulatory Commission (CSRC) emphasized the need to accelerate the development of top-tier investment banks and institutions, indicating a potential easing of regulations for quality institutions [4] - The CSRC plans to optimize risk control indicators and open up capital space and leverage limits [4] New Drug Listings - The National Healthcare Security Administration announced the addition of 114 new drugs to the 2025 National Medical Insurance Drug List, with a success rate of 88%, significantly higher than the previous year's 76% [6] New Listings and Stock Movements - New listings included Zhuoyue Ruixin (02687), which surged 87.26% to HKD 126.4, while Naxin Micro (02676) fell 4.31% [7] - Restructured Energy (02570) saw a significant drop of 27.33% on its first trading day after the lock-up period ended [8] - Silver Pharma-B (02591) experienced a decline of 14.32% as it was adjusted into the Hong Kong Stock Connect [9] - Sutech (02498) performed well, rising 5.23% after securing a major contract with FAW Toyota [10]