The US Department of Defense removed the pharmaceutical company Waxy AppTec from the list of Chinese military companies, whose shares in the Hong Kong stock market rose by 6%, Bloomberg reports. The decision was made according to the court's decision in August. Being on the list threatened the business of Waxy AppTec, which receives more than 70% of the revenue in the American market: according to the company, the status damaged its reputation and forced some American customers to suspend joint projects.

The US Department of Defense removed the pharmaceutical company Waxy AppTec from the list of Chinese military companies, whose shares in the Hong Kong stock market rose by 6%, Bloomberg reports. The decision was made according to the court's decision in August. Being on the list threatened the business of Waxy AppTec, which receives more than 70% of the revenue in the American market: according to the company, the status damaged its reputation and forced some American customers to suspend joint projects.