{"ticker": {"uuid": "e9dbf623-e6cf-4ab1-8f0d-7efb63aada57", "symbol": "2142", "name": "HBM Holdings Limited", "exchange": "HKG", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "2142 closed the latest completed week at 10.03 HKD. The 4-week return is -21.7% and the 12-week return is -15.2%. Trend Signal is inactive, Market Dynamics is -0.39.", "description": "HBM Holdings Limited, a biopharmaceutical company, engages in the discovery, development, and commercialization of antibody therapeutics focusing on immunology and oncology in Mainland China, the United States, Europe, and internationally. It develops the Harbour Mice Platform, which generates human monoclonal antibodies in two heavy and two light chain H2L2 and heavy chain formats. The company is developing Batoclimab (HBM9161), a human monoclonal antibody that selectively binds and inhibits the neonatal fragment crystallizable receptor for treating myasthenia gravis; Porustobart HBM4003, a human anti-CTLA-4 antibody against cytotoxic T-lymphocyte-associated antigen-4 for treating melanoma, colorectal cancer, hepatocellular carcinoma, and neuroendocrine neoplasm. It is developing HBM7020 for treating hepatocellular carcinoma and autoimmune diseases; HBM9378 for the treatment of asthma and chronic obstructive pulmonary disease; and HBM1020, HBM7022, HBM7008, HBM9027, HBM7004, and HBM9033 for treating solid tumors. The company has a strategic collaboration with Evinova to apply AI and digital technologies to enhance the efficiency of biologics development. The company was incorporated in 2016 and is based in Suzhou, the People's Republic of China.", "setup_signature": "Risk-first tape", "composite_score": "21", "kpis": [{"label": "Latest Close", "value": "10.03 HKD", "hint": "2026-06-12"}, {"label": "1W Return", "value": "-5.4%", "tone": "negative", "hint": "latest completed week"}, {"label": "4W Return", "value": "-21.7%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-15.2%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "65.4%", "hint": "34 of 52 weeks active"}, {"label": "Volume Ratio", "value": "1.5x", "hint": "vs 13-week average"}], "classification": {"exchange": "HKG", "country": "HK", "sector": "Healthcare", "industry": "Biotechnology", "currency": "HKD", "market_cap": "9.3B"}, "price": {"trend_line": "12.73 HKD", "fair_value": "5.90 HKD", "vs_trend": "-21.2%", "vs_fair_value": "69.9%", "high_52": "17.98 HKD", "low_52": "7.52 HKD", "drawdown": "-44.2%", "range_position": "24.0%"}, "momentum": {"returns": [{"label": "1W", "value": -5.37735849056604, "value_label": "-5.4%", "tone": "negative", "width": 15.363881401617258}, {"label": "4W", "value": -21.701795472287284, "value_label": "-21.7%", "tone": "negative", "width": 62.00512992082081}, {"label": "12W", "value": -15.215553677092144, "value_label": "-15.2%", "tone": "negative", "width": 43.473010505977555}, {"label": "26W", "value": -25.372023809523814, "value_label": "-25.4%", "tone": "negative", "width": 72.49149659863947}, {"label": "52W", "value": 15.81986143187066, "value_label": "15.8%", "tone": "positive", "width": 45.19960409105902}], "trend_streak": 0, "active_weeks": 34, "active_breadth": "65.4%", "peer": {"scope": "HK Healthcare", "count": 257, "rank": 200, "percentile": 22.265625, "avg_weekly_return": -1.7192129460451286}}, "setup": {"scores": [{"label": "Trend", "value": 35.96153846153847, "value_label": "36", "width": 35.96153846153847, "tone": "neutral", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 26.542047275365, "value_label": "27", "width": 26.542047275365, "tone": "negative", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 64.2286971471902, "value_label": "64", "width": 64.2286971471902, "tone": "neutral", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": -0.7352941176470577, "return_label": "-0.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 6.127450980392147}, {"week": "6 Mar", "return": -0.7407407407407396, "return_label": "-0.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 6.1728395061728305}, {"week": "13 Mar", "return": -0.49751243781094934, "return_label": "-0.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 4.145936981757911}, {"week": "20 Mar", "return": -1.416666666666666, "return_label": "-1.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 11.805555555555552}, {"week": "27 Mar", "return": 6.846999154691466, "return_label": "6.8%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 57.058326289095554}, {"week": "3 Apr", "return": 14.477848101265822, "return_label": "14.5%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "10 Apr", "return": -1.5203870076019395, "return_label": "-1.5%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 12.669891730016161}, {"week": "17 Apr", "return": 4.912280701754381, "return_label": "4.9%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 40.93567251461984}, {"week": "24 Apr", "return": -6.35451505016722, "return_label": "-6.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 52.95429208472683}, {"week": "1 May", "return": -7.071428571428573, "return_label": "-7.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 58.928571428571445}, {"week": "8 May", "return": 1.4604150653343544, "return_label": "1.5%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 12.170125544452953}, {"week": "15 May", "return": -2.9545454545454453, "return_label": "-3.0%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 24.621212121212043}, {"week": "22 May", "return": -5.152224824355973, "return_label": "-5.2%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 42.935206869633106}, {"week": "29 May", "return": -3.7860082304526816, "return_label": "-3.8%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 31.550068587105677}, {"week": "5 Jun", "return": -9.32420872540633, "return_label": "-9.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 77.70173937838608}, {"week": "12 Jun", "return": -5.37735849056604, "return_label": "-5.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 44.811320754717}]}, "groups": {"sector": {"scope": "HK Healthcare", "count": 100, "avg_weekly_return": -1.3374639787240645, "avg_four_week_return": -12.771087618343277, "avg_twelve_week_return": -14.915888149941225, "trend_breadth": 6.0, "positive_md_breadth": 10.0, "positive_rs_breadth": 12.0, "week_rank": 86, "four_week_rank": 84, "twelve_week_rank": 45, "top_peers": [{"id": 42384, "symbol": "2526", "name": "Hangzhou Diagens Biotechnology Co., Ltd.", "exchange": "HKG", "url": "/terminal/3b24d8d4-2d9f-432f-b6c2-74e2160693bf/report/", "weekly_return": 3.3015853968253945, "weekly_return_label": "3.3%", "weekly_return_tone": "positive", "four_week_return": 8.2501621773088, "four_week_return_label": "8.3%", "four_week_return_tone": "positive", "twelve_week_return": null, "twelve_week_return_label": "-", "twelve_week_return_tone": "neutral", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 42357, "symbol": "2506", "name": "Xunfei Healthcare Technology Co., Ltd.", "exchange": "HKG", "url": "/terminal/146e6677-53a3-4bd7-90e1-ad427c95c886/report/", "weekly_return": -0.2979737712044393, "weekly_return_label": "-0.3%", "weekly_return_tone": "negative", "four_week_return": 7.935486451612904, "four_week_return_label": "7.9%", "four_week_return_tone": "positive", "twelve_week_return": 15.77854948096886, "twelve_week_return_label": "15.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 43017, "symbol": "3600", "name": "Modern Dental Group Limited", "exchange": "HKG", "url": "/terminal/8582d116-df5a-464d-8575-c35c82b0c205/report/", "weekly_return": 1.8932874354561158, "weekly_return_label": "1.9%", "weekly_return_tone": "positive", "four_week_return": 4.91251058650524, "four_week_return_label": "4.9%", "four_week_return_tone": "positive", "twelve_week_return": -5.280000000000001, "twelve_week_return_label": "-5.3%", "twelve_week_return_tone": "negative", "trend_active": true, "positive_md": false, "positive_rs": true}, {"id": 41243, "symbol": "1513", "name": "Livzon Pharmaceutical Group Inc.", "exchange": "HKG", "url": "/terminal/e23a9b1f-af9b-4256-a8e2-fef02f737a0c/report/", "weekly_return": 3.419449088145901, "weekly_return_label": "3.4%", "weekly_return_tone": "positive", "four_week_return": 0.5912786619097811, "four_week_return_label": "0.6%", "four_week_return_tone": "positive", "twelve_week_return": 1.5671642375807613, "twelve_week_return_label": "1.6%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 41967, "symbol": "2172", "name": "MicroPort NeuroScientific Corporation", "exchange": "HKG", "url": "/terminal/c113b197-7ab4-4920-8c2b-7c3492f00c83/report/", "weekly_return": 1.0799136069114432, "weekly_return_label": "1.1%", "weekly_return_tone": "positive", "four_week_return": 0.32154340836012174, "four_week_return_label": "0.3%", "four_week_return_tone": "positive", "twelve_week_return": -12.84916201117319, "twelve_week_return_label": "-12.8%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}]}, "industry": {"scope": "HK Biotechnology", "count": 76, "avg_weekly_return": -1.624440460378788, "avg_four_week_return": -17.52962712580804, "avg_twelve_week_return": -20.835892863270637, "trend_breadth": 3.9473684210526314, "positive_md_breadth": 9.210526315789473, "positive_rs_breadth": 5.263157894736842, "week_rank": 54, "four_week_rank": 50, "twelve_week_rank": 26, "top_peers": [{"id": 41249, "symbol": "1521", "name": "Frontage Holdings Corporation", "exchange": "HKG", "url": "/terminal/0f5bfdc4-b828-4240-8cc0-70bd3294c99b/report/", "weekly_return": -10.909090909090919, "weekly_return_label": "-10.9%", "weekly_return_tone": "negative", "four_week_return": 10.112359550561795, "four_week_return_label": "10.1%", "four_week_return_tone": "positive", "twelve_week_return": -11.711711711711722, "twelve_week_return_label": "-11.7%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 43492, "symbol": "6622", "name": "Zhaoke Ophthalmology Limited", "exchange": "HKG", "url": "/terminal/1a8f5973-bcf0-446d-a2d8-6608c0260b8b/report/", "weekly_return": 12.156862745098042, "weekly_return_label": "12.2%", "weekly_return_tone": "positive", "four_week_return": 7.518796992481193, "four_week_return_label": "7.5%", "four_week_return_tone": "positive", "twelve_week_return": -7.443365695792881, "twelve_week_return_label": "-7.4%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 43130, "symbol": "3880", "name": "Medtide Inc.", "exchange": "HKG", "url": "/terminal/6194dc23-6277-4539-9b5e-58e0ecab4597/report/", "weekly_return": 16.919959473150964, "weekly_return_label": "16.9%", "weekly_return_tone": "positive", "four_week_return": 4.057709648331824, "four_week_return_label": "4.1%", "four_week_return_tone": "positive", "twelve_week_return": 5.8715644895213, "twelve_week_return_label": "5.9%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 41263, "symbol": "1541", "name": "ImmuneOnco Biopharmaceuticals (Shanghai) Inc.", "exchange": "HKG", "url": "/terminal/d7b397b1-e10e-48b6-a830-5be320750895/report/", "weekly_return": 13.880126182965299, "weekly_return_label": "13.9%", "weekly_return_tone": "positive", "four_week_return": 2.5568181818181777, "four_week_return_label": "2.6%", "four_week_return_tone": "positive", "twelve_week_return": -23.51694915254237, "twelve_week_return_label": "-23.5%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 40973, "symbol": "1244", "name": "3D Medicines Inc.", "exchange": "HKG", "url": "/terminal/008d0abc-4812-4c33-8b50-00720dfd274b/report/", "weekly_return": -3.322259136212613, "weekly_return_label": "-3.3%", "weekly_return_tone": "negative", "four_week_return": 0.0, "four_week_return_label": "0.0%", "four_week_return_tone": "neutral", "twelve_week_return": -29.197080291970806, "twelve_week_return_label": "-29.2%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "-0.39", "market_dynamics_tone": "negative", "md_4_change": "-204.4%", "relative_strength": "-16.22", "rs_4_change": "-612.9%", "expectation": "Negative", "expectation_probability": "41.33%"}, "volume": {"latest": "30.0M", "average_13": "19.6M", "average_52": "30.4M", "ratio_13": "1.5x", "ratio_52": "1.0x"}, "risk": {"volatility_13": "6.4%", "volatility_52": "8.4%", "downside_weeks": 30, "upside_weeks": 22, "downside_breadth": "57.7%", "average_gain": "8.9%", "average_loss": "-5.5%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-21.2%", "tone": "negative"}, {"label": "Volume", "value": "1.5x", "tone": "positive"}], "opportunities": ["Price is above Fair Value, showing premium demand versus the model.", "Volume is elevated versus the 13-week average, confirming attention."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Market Dynamics is negative, which weakens the current setup.", "The share remains more than 20% below its 52-week high.", "The latest week was a sharp negative move."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "10.03 HKD", "weekly_return": -5.37735849056604, "weekly_return_label": "-5.4%", "weekly_return_tone": "negative", "trend_line": "12.73 HKD", "fair_value": "5.90 HKD", "market_dynamics": "-0.39", "relative_strength": "-16.22", "volume": "30.0M", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "10.60 HKD", "weekly_return": -9.32420872540633, "weekly_return_label": "-9.3%", "weekly_return_tone": "negative", "trend_line": "12.86 HKD", "fair_value": "5.85 HKD", "market_dynamics": "-0.10", "relative_strength": "-12.17", "volume": "29.8M", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "11.69 HKD", "weekly_return": -3.7860082304526816, "weekly_return_label": "-3.8%", "weekly_return_tone": "negative", "trend_line": "12.93 HKD", "fair_value": "5.79 HKD", "market_dynamics": "0.16", "relative_strength": "-3.64", "volume": "22.2M", "trend_signal": "Off"}, {"week": "2026-05-22", "close": "12.15 HKD", "weekly_return": -5.152224824355973, "weekly_return_label": "-5.2%", "weekly_return_tone": "negative", "trend_line": "12.99 HKD", "fair_value": "5.73 HKD", "market_dynamics": "0.30", "relative_strength": "-1.19", "volume": "21.0M", "trend_signal": "Off"}, {"week": "2026-05-15", "close": "12.81 HKD", "weekly_return": -2.9545454545454453, "weekly_return_label": "-3.0%", "weekly_return_tone": "negative", "trend_line": "13.00 HKD", "fair_value": "5.66 HKD", "market_dynamics": "0.38", "relative_strength": "3.16", "volume": "14.7M", "trend_signal": "On"}, {"week": "2026-05-08", "close": "13.20 HKD", "weekly_return": 1.4604150653343544, "weekly_return_label": "1.5%", "weekly_return_tone": "positive", "trend_line": "13.00 HKD", "fair_value": "5.59 HKD", "market_dynamics": "0.56", "relative_strength": "4.99", "volume": "10.8M", "trend_signal": "On"}, {"week": "2026-05-01", "close": "13.01 HKD", "weekly_return": -7.071428571428573, "weekly_return_label": "-7.1%", "weekly_return_tone": "negative", "trend_line": "13.03 HKD", "fair_value": "5.52 HKD", "market_dynamics": "0.65", "relative_strength": "6.41", "volume": "10.1M", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "14.00 HKD", "weekly_return": -6.35451505016722, "weekly_return_label": "-6.4%", "weekly_return_tone": "negative", "trend_line": "13.10 HKD", "fair_value": "5.45 HKD", "market_dynamics": "0.84", "relative_strength": "14.15", "volume": "14.9M", "trend_signal": "Off"}, {"week": "2026-04-17", "close": "14.95 HKD", "weekly_return": 4.912280701754381, "weekly_return_label": "4.9%", "weekly_return_tone": "positive", "trend_line": "13.10 HKD", "fair_value": "5.37 HKD", "market_dynamics": "0.69", "relative_strength": "21.86", "volume": "23.4M", "trend_signal": "Off"}, {"week": "2026-04-10", "close": "14.25 HKD", "weekly_return": -1.5203870076019395, "weekly_return_label": "-1.5%", "weekly_return_tone": "negative", "trend_line": "13.12 HKD", "fair_value": "5.29 HKD", "market_dynamics": "0.17", "relative_strength": "18.50", "volume": "17.3M", "trend_signal": "Off"}, {"week": "2026-04-03", "close": "14.47 HKD", "weekly_return": 14.477848101265822, "weekly_return_label": "14.5%", "weekly_return_tone": "positive", "trend_line": "13.19 HKD", "fair_value": "5.22 HKD", "market_dynamics": "-0.28", "relative_strength": "25.13", "volume": "30.1M", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "12.64 HKD", "weekly_return": 6.846999154691466, "weekly_return_label": "6.8%", "weekly_return_tone": "positive", "trend_line": "13.28 HKD", "fair_value": "5.14 HKD", "market_dynamics": "-0.76", "relative_strength": "11.17", "volume": "18.6M", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "11.83 HKD", "weekly_return": -1.416666666666666, "weekly_return_label": "-1.4%", "weekly_return_tone": "negative", "trend_line": "13.35 HKD", "fair_value": "5.07 HKD", "market_dynamics": "-0.90", "relative_strength": "3.21", "volume": "11.8M", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "12.00 HKD", "weekly_return": -0.49751243781094934, "weekly_return_label": "-0.5%", "weekly_return_tone": "negative", "trend_line": "13.37 HKD", "fair_value": "5.01 HKD", "market_dynamics": "-0.92", "relative_strength": "4.52", "volume": "11.9M", "trend_signal": "Off"}], "chart_url": "/terminal/e9dbf623-e6cf-4ab1-8f0d-7efb63aada57/", "api_path": "/terminal/e9dbf623-e6cf-4ab1-8f0d-7efb63aada57/report/api/"}