8-K ·Filed Aug 26, 2026

ONC

BeOne Medicines Ltd.
NEUTRAL
Impact 2/10
Horizonimmediate Processed1mo ago SEC0001651308-26-000025
8-K Item 2.02: Earnings release
Actionable Insight • Neutral

This is a routine cross-listing compliance filing. Ignore for trading purposes — the relevant financial data was already disclosed in the August 5 earnings release. Monitor the next catalyst: Phase 3 MANGROVE data and regulatory submissions for BRUKINSA in first-line MCL expected in 2H 2026.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d
ONC ▼ -2.70% at T+20d
NEUTRAL call ✗ call lost -2.70% · α vs SPY -3.90% · entry $375.80 → $365.67
Next anchor: T+60d in 7w
Latest observation: T+24 -10.65% FF3 residual α
Entry anchored
Aug 26, 04:00 AM ET
via 1-min bar
T+1d
-0.88%
call -0.88% · α -1.54%
$372.49
settled 5w ago
T+5d
-3.73%
call -3.73% · α -3.61%
$361.78
settled 4w ago
T+20d
-2.70%
call -2.70% · α -3.90%
$365.67
settled 8d ago
T+60d
—
call — · α —
—
in 7w

Price Chart

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Executive Summary

BeOne Medicines filed its STAR Market interim report (H1 2026) in China, disclosing R&D spending breakdown by key product in accordance with PRC GAAP. The filing is a routine dual-listing disclosure requirement, not a standalone earnings release. It provides incremental transparency on pipeline investment allocation but contains no new financial results or guidance beyond what was released in the Q2 2026 earnings report on August 5, 2026.

Key Facts

  • Filed PRC GAAP-based interim report with Shanghai Stock Exchange STAR Market for H1 2026
  • Disclosed R&D expenses allocated by key products: BEQALZI ($74M), tacabrutideg ($44M), BRUKINSA ($43M), TEVIMBRA ($37M), BGB-43395 ($23M)
  • Total U.S. GAAP R&D spend for H1 2026: $1.15B (vs $1.01B in H1 2025)
  • Material accounting differences between PRC GAAP and U.S. GAAP on share-based compensation, income taxes, and leasing
  • No new financial results, guidance, or business updates beyond August 5, 2026 earnings

Financial Impact

No material financial impact — this is a disclosure compliance filing with no new economic data

Risk Factors

  • No new information risk — stock should not move on this filing
  • Potential confusion if market misreads as a separate earnings release

Market Snapshot

Exchange
OTC
Sector
Pharmaceutical Preparations
Analyst Consensus
92% bullish (12 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001651308-26-000025
Document: 0001651308-26-000025-index.html0001651308-26-000025
Document: 0001651308-26-000025.txt0001651308-26-000025
8-K Data (Synthetic)0001651308-26-000025
19 reports for ONC
Performance horizon
60% Hit rate 3 of 5 directional calls best @ T+20▲ +10.46%Aug 5, 2026
Filters
Rows
Reports for ONC — sortable, filterable
TypeNow
Sep 10, 2026
21d ago
Insider Cluster
NEUTRAL ★ 3/10
$346.51 $350.84▲ +1.25%▲ +1.47%$358.07 (+3.34%)
Sep 3, 2026
29d ago
Insider Cluster
NEUTRAL ★ 2/10
$362.68 $346.51▼ −4.46%▼ −3.31%$358.07 (−1.27%)
Aug 26, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$375.80 $361.78▼ −3.73%▼ −3.61%$358.07 (−4.72%)
Aug 14, 2026
7w ago
Insider Cluster
NEUTRAL ★ 4/10
$347.48 $374.47▲ +7.77%▲ +9.14%$358.07 (+3.05%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 4/10
$356.01 $369.16▲ +3.69%▲ +5.66%$358.07 (+0.58%)
Aug 10, 2026
7w ago
144
BEARISH ★ 6/10
$359.27 $369.15▼ −2.75%▼ −3.15%$358.07 (+0.33%)
Aug 5, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$329.80 $356.01▲ +7.95%▲ +6.73%$358.07 (+8.57%)
Aug 5, 2026
8w ago
8-K
BULLISH ★ 7/10
$327.53 $359.05▲ +9.62%▲ +9.27%$358.07 (+9.32%)
Jul 24, 2026
10w ago
Insider Cluster
NEUTRAL ★ 2/10
$325.90 $322.08▼ −1.17%▼ −1.55%$358.07 (+9.87%)
Jul 17, 2026
11w ago
Insider Cluster
BEARISH ★ 5/10
$312.02 $326.77▼ −4.73%▼ −5.41%$358.07 (−14.76%)
Showing 10 of 19

US Market Status

Market Closed — Opens Mon (65h 6m)

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