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U.S. Stocks Move | Stock Price Surges for Two Consecutive Days! Zai Lab (ZLAB.US) Rises Over 10%

U.S. Stocks Move | Stock Price Surges for Two Consecutive Days! Zai Lab (ZLAB.US) Rises Over 10%

智通财经智通财经2026/08/07 14:16
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Zhihu Finance APP has learned that after surging more than 13% yesterday, Zai Lab (ZLAB.US) soared another 10%+ on Friday, closing at $23.03. According to reports, Citi stated that Zai Lab's product revenue for the second quarter improved by about 11% quarter-on-quarter to approximately $106 million, in line with both the bank's and market expectations. This gives Citi greater confidence that Zai Lab’s China business could stabilize in the second half of 2026 and achieve significant growth again in 2027 according to management guidance. Citi raised its target price for Zai Lab's US shares from $44 to $45.
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