16 BUSINESS Thursday, July 19, 2018 CHINA DAILY HONG KONG EDITION BGI officials hike equity stakes as prices fall Xiaomi soars By CHAI HUA range of its gene testing in Shenzhen, Guangdong methods.
[email protected] The company said it had performed DNA-based non- on dual-class Chinese genomics giant invasive prenatal testing on BGI, known as the Beijing 3.1 million pregnant women Genomics Institute previous- globally by the end of May, ly, announced on Tuesday that and 2.48 million of their seven of its executives have babies were born. It also shares deal decided to increase their equi- admitted 70 infants with ty holdings in the company, abnormal chromosome con- after a two-day stock slump ditions were born due for Mainland, HK bourses’ agreement on triggered by a series of reports different reasons and insur- attacking its credibility. ance was provided for these Stock Connect inclusion lifts sentiment A report from tech news families. site huxiu revealed some new- DNA-based non-invasive By SUN FEIER in Hong Kong structure, Xiaomi, which borns with defects were previ- prenatal testing is generally
[email protected] opened at HK$21.40 ($2.73) ously assessed as low risk by used to test for Down syn- on Wednesday, surged more BGI’s DNA-based non-inva- drome, and 98 percent of Mainland stock exchanges than six percent in the morn- sive prenatal testing. It took fetuses with the condition can and the Hong Kong stock ing trading session. It hit an the case of a boy with mental be tested, according to a study exchange have reached an intraday high of HK$22.20, disabilities and physical in the United Kingdom, said agreement on adjusting Stock before closing at HK$21.55 in deformities in Hunan prov- Cheung Ching-lung, assistant A visitor walks past a board showing big data for genomics in a BGI R&D facility in Qingdao, Connect inclusion arrange- the afternoon, up 3.11 percent ince as an example.