Lyon: Maintaining WUXI BIO (02269) outperform market rating, growth acceleration visibility improved.

date
11:19 23/01/2026
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GMT Eight
The bank believes that the company has relative resilience, for reasons including a more diversified shareholder structure that helps buffer against geopolitical risks.
Lyon released a research report stating that since January 20th, the stock price performance of WUXI BIO (02269) has outperformed its mainland CRO peers and the overall healthcare sector. The bank believes that the company has relative resilience, due to its more diversified shareholder structure which helps to cushion geopolitical risks; visibility of accelerated growth before 2026 has increased, potential performance may exceed current expectations; as the operating profit of peers in the same industry did not meet expectations in the fourth quarter of 2025, funds flowed back to WUXI BIO. In the mainland CRO/CDMO field, WUXI BIO remains the bank's top pick, with a valuation discount compared to global peers. The target price is 48.5 yuan, with a rating of outperforming the market.