Zai Lab Ltd Expected To Post A Loss Of 65 Cents A Share - Earnings

Asian equities traded in the US as American depositary receipts were sharply higher Friday morning, rising 1.3% to 2,286.99 on the S&P Asia 50 ADR Index, which is up 2.2% for the week.

From North Asia, the gainers were led by game live-streaming service DouYu International and biotech firm Zai Lab , which climbed 13% and 11% respectively. They were followed by video-sharing site Bilibili and online brokerage UP Fintech , which advanced 9.8% and 9.5% respectively.

The decliners from North Asia were led by consumer lending firm Eason Technology D and media company 36Kr K, which fell 13% and 5% respectively. They were followed by tech company Xunlei and media company Phoenix New Media , which dropped 4.4% and 3.9% respectively.

From South Asia, the only gainers were tech conglomerate Sea and financial services company HDFC Bank , which were up 0.4% and 0.2% respectively.

The decliners from South Asia were led by IT firms Sify Technologies (SIFY) and Wipro , which lost 4.5% and 3.3% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories and telecommunications operator Telekomunikasi Indonesia , which were down 1.2% each.

Asian equities traded in the US as American depositary receipts were up slightly Tuesday morning, edging 0.12% higher to 2,246.71 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by biotech firm Zai Lab and internet and data center services provider VNET Group , which climbed 13% and 6.2%, respectively. They were followed by semiconductor company Himax Technologies and mobile app developer Cheetah Mobile , which were up 4.2% each.

The decliners from North Asia were led by media company 36Kr K and mobile big data platform Aurora Mobile , which shed 19% and 8.7%, respectively. They were followed by video-sharing site Bilibili and tech company Baidu , which fell 8.6% and 7.3%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies and telecommunications operator Telekomunikasi Indonesia , which rose 6% and 5.4%, respectively. They were followed by tech conglomerate Sea and telecommunications operator PLDT , which increased 2.8% and 0.9%, respectively.

The only decliners from South Asia were financial services company ICICI Bank and IT firm Infosys , which were down 2.5% and 1.5%, respectively.

Asian equities traded in the US as American depositary receipts were higher Thursday morning, rising 0.4% to 2,203.14 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies and consumer lending firm Eason Technology D, which climbed 6.9% and 5.4% respectively. They were followed by semiconductor company ASE Technology and biotech firm Zai Lab , which advanced 5.4% and 4.7% respectively.

The decliners from North Asia were led by media company 36Kr K and mobile big data platform Aurora Mobile , which fell 4.4% and 3.4% respectively. They were followed by automotive ecommerce platform Cango and computer hardware maker Canaan , which dropped 2.7% and 2.2% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories , which increased 1.2%, followed by financial services company ICICI Bank and telecommunications operator Telekomunikasi Indonesia , which were up 0.3% and 0.2% respectively.

The decliners from South Asia were led by IT firm Infosys and telecommunications operator PLDT , which were down 0.6% and 0.5% respectively. They were followed by Wipro and financial services company HDFC Bank , which were off 0.4% and 0.2% respectively.

Zai Lab to Announce Fourth Quarter and Full Year 2024 Financial Results and Provide Recent Corporate Updates on February 27, 2025

- Company to host conference call and webcast on February 27, at 8:00 a.m. ET (9:00 p.m. HKT)

SHANGHAI & CAMBRIDGE, Mass.--(BUSINESS WIRE)--January 28, 2025--

Zai Lab Limited (; ) today announced that it will report its fourth quarter and full year 2024 financial results and provide recent corporate updates on February 27, 2025, before the opening of the U.S. equity markets. The announcement will be followed by a conference call and webcast at 8:00 a.m. ET (9:00 p.m. HKT).

Conference Call and Webcast Information

Listeners may access the live webcast by visiting the Company's website at http://ir.zailaboratory.com. Participants must register in advance of the conference call.

Details are as follows:

Registration Link: https://register.vevent.com/register/BI628d3dd054cb4c45b3d01b61fa5779b1

All participants must use the link provided above to complete the online registration process in advance of the conference call. Dial-in details will be in the confirmation email which the participant will receive upon registering.

A replay will be available shortly after the call and can be accessed by visiting the Company's website.

About Zai Lab

Zai Lab (; ) is an innovative, research-based, commercial-stage biopharmaceutical company based in China and the United States. We are focused on discovering, developing, and commercializing innovative products that address medical conditions with significant unmet needs in the areas of oncology, immunology, neuroscience, and infectious disease. Our goal is to leverage our competencies and resources to positively impact human health in China and worldwide.

For additional information about Zai Lab, please visit www.zailaboratory.com or follow us at www.X.com/ZaiLab_Global.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250128555447/en/

CONTACT:

For more information:

Investor Relations:

Christine Chiou / Lina Zhang

+1 (917) 886-6929 / +86 136 8257 6943

christine.chiou1@zailaboratory.com / lina.zhang@zailaboratory.com

Media:

Shaun Maccoun / Xiaoyu Chen

+1 (857) 270-8854 / +86 185 0015 5011

shaun.maccoun@zailaboratory.com / xiaoyu.chen@zailaboratory.com

Asian equities traded in the US as American depositary receipts were edging lower on Thursday morning, down 0.2% to 2,123.24 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor maker Himax Technologies and after-school education and tutoring company TAL Education , which advanced 19% and 16%, respectively.

They were followed by exam preparation and tutoring company Gaotu Techedu (GOTU) and tech company Tuya , which climbed 4.3% and 2.6%, respectively.

The decliners from North Asia were led by holographic products provider WiMi and apartment rental platform XChange X, which fell 8.2% and 5.2%, respectively.

They were followed by biopharmaceutical company Zai Lab and solar module manufacturer JinkoSolar , which dropped 3.3% and 1.8%, respectively.

From South Asia, the gainers were led by tech companies Wipro and Infosys , which rose 1.6% and 0.5%, respectively.

The decliners from South Asia were led by pharmaceutical company Dr Reddy's Laboratories , which fell 5%, followed by banking and financial services company HDFC Bank , which was down 2.9%.