Morgan Stanley: WuXi AppTec (02359) expands Changzhou base, expected to add 800 tons of capacity; maintains "Overweight" rating.

Zhito Finance APP has learned that Morgan Stanley issued a research report stating that WuXi AppTec (02359) plans to expand its subsidiary WuXi STA in Changzhou, with an expected addition of 800 tons of API production capacity. The "Overweight" rating is maintained, and the H-share target price remains at HKD 207.4.