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Chinese biotech giant WuXi AppTec’s shares jump after Pentagon blacklist reversal

Chinese biotech giant WuXi AppTec’s shares jump after Pentagon blacklist reversal
South China Morning Post Tuesday 10 November 2026, 04:00 UTC By Xinmei Shen 1 min read
Key Points

WuXi AppTec’s shares jumped on Tuesday after the Pentagon removed the company from a list of entities allegedly linked to the Chinese military, marking a win for the biotech service giant and raising hopes among other mainland firms challenging US blacklists. The US deputy secretary of defence decided to delist WuXi AppTec from its list of “Chinese military companies”, according to a notice published on the Federal Register on Tuesday. WuXi AppTec surged more than 6 per cent at the open in...

WuXi AppTec’s shares jumped on Tuesday after the Pentagon removed the company from a list of entities allegedly linked to the Chinese military, marking a win for the biotech service giant and raising hopes among other mainland firms challenging US blacklists. The US deputy secretary of defence decided to delist WuXi AppTec from its list of “Chinese military companies”, according to a notice published on the Federal Register on Tuesday. WuXi AppTec surged more than 6 per cent at the open in Hong... [Image text:] Wuxi AppTec Max!ybb ec
Chinese (ORG) WuXi AppTec’s (ORG) Pentagon (ORG) US (LOCATION) WuXi AppTec (ORG) the Federal Register (ORG) Hong (LOCATION)
Originally published by South China Morning Post Read original →

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