{ "as_of": "2026-11-06", "cmr": "ch-cm-kg/SIX/HBMN", "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.", "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# HBM N (SIX: HBMN) — research page\n\nAs of 2026-11-06 · ch-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is HBM N, listed on SIX under ticker HBMN, with ISIN CH0012627250 and LEI 549300IFDFSDRT4D3076. Its security type is Corporate and its jurisdiction is Switzerland, as a Zefix-registered corporation. The segment is not on the record, and the sector is not on the record because the SIX feed returns an empty ICB industry for this line. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 13 filings in the twelve months to 2026-11-06, across 10 filing days: 3 ad hoc, 9 corporate news and 1 results. The median gap between filing days is 5 days. The latest filing is dated 2026-11-02 and is of type corporate news, 4 days before the record date. The SIX exchange median is 29.5 days for cadence gap, 0 filings and 14 days for latency, across 607 issuers. The sector median is not on the record for market CH.\n\n## Auditor\n\nThe auditor of record is Ernst & Young Ltd. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet (SHELF-01: us and ca first).\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, as this register has no lifecycle type map yet (SHELF-01: us and ca first). The halt flag shows listed, not halted.\n\n## Orderability\n\nThe outcome is determinable for all three client categories under signal ACM-200: Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page; the count is 0.\n\n## Open research\n\nThe record holds 5 openly published research notes: CIC Market Solutions on 2026-05-13, Baader Europe on 2026-03-09, Peel Hunt on 2024-09-17, Edison Investment Research Limited on 2022-05-25, and Baader Helvea Equity Research on 2020-03-09.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n13 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (identity.exchange)\n- https://www.zefix.ch/en/search/entity/list?name=HBM (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.ch-cm-kg.ai/events/SIX/HBMN (the disclosure lines)\n- https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions (the halt flag)\n- https://www.hbmhealthcare.com/sites/default/files/downloads/gb/hbm-healthcare-investments-annual-report-2025-2026.pdf (the auditor)\n- https://mcp.ch-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/cic-market-solution-hbmn-13-may-2026.pdf (open research)\n- https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm_healthcare_investments_baader_0.pdf (open research)\n- https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/240917_peelhunt_hbm_healthcare_investments_mh_v2_1_1.pdf (open research)\n- https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm-healthcare-investments-looking-ahead-to-renewed-opportunities-25-may-2022.pdf (open research)\n- https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm-baader-helvea-march-2020.pdf (open research)\n- https://mcp.ch-cm-kg.ai/record/SIX/HBMN (the record)\n", "market": "CH", "node": "ch-cm-kg", "numbers": { "as_of_depth": { "issuer_years_sealed": [], "live_record_began": null, "node_history_from": null, "node_years_sealed": [], "note": "the CH vintage is not sealed; the record is the live record as of 2026-11-06", "record_version": 1, "sealed": false }, "auditor": { "auditor": { "read_by": "read by ChatGPT (batch)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/gb/hbm-healthcare-investments-annual-report-2025-2026.pdf", "state": "filled", "value": "Ernst & Young Ltd" }, "auditor_firm_id": { "market": "CH", "state": "not_on_record" }, "auditor_location": { "market": "CH", "state": "not_on_record" }, "changes": { "market": "CH", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" } }, "cmr": "ch-cm-kg/SIX/HBMN", "coverage": { "count": 0, "houses": [], "pages_checked": [], "read_by": "Perplexity sonar (search) · page read by this rail", "read_date": "2026-11-12", "since": null, "state": "none_found" }, "disclosure": { "against": { "exchange": { "issuers": 607, "median_cadence_gap_days": 29.5, "median_filings": 0, "median_latency_days": 14, "name": "SIX" }, "sector": { "market": "CH", "state": "not_on_record" } }, "by_type": { "ad_hoc": 3, "corporate_news": 9, "results": 1 }, "cadence_median_gap_days": 5, "filing_days": 10, "filings": 13, "latency_days": 4, "latest": [ { "category": "corporate", "date": "2026-11-02", "source": "https://www.eqs-news.com/de/news/corporate/hbm-portfolio-company-lycia-therapeutics-raises-usd-317-5-million-in-nasdaq-ipo-and-delivers-strong-market-debut/ad4a1813-3bec-46fc-9531-0dacab4dfbcb_en", "title": "HBM Portfolio Company Lycia Therapeutics Raises USD ...", "type": "corporate_news" }, { "category": "corporate-news", "date": "2026-10-31", "source": "https://www.eqs-news.com/news/corporate-news/key-figures-31-10-2026/cf0c640a-5457-4993-b95f-353555b6d474_en", "title": "HBM Healthcare Investments AG Key Figures 31.10.2026", "type": "corporate_news" }, { "category": "corporate", "date": "2026-10-26", "source": "https://www.eqs-news.com/news/corporate/hbm-portfoliounternehmen-lycia-therapeutics-nimmt-usd-317-5-millionen-bei-nasdaq-boersengang-auf-und-ueberzeugt-mit-starkem-marktdebuet/ad4a1813-3bec-46fc-9531-0dacab4dfbcb_de", "title": "HBM-Portfoliounternehmen Lycia Therapeutics nimmt USD ...", "type": "corporate_news" }, { "category": "corporate", "date": "2026-10-26", "source": "https://www.eqs-news.com/news/corporate/hbm-portfolio-company-lycia-therapeutics-raises-usd-317-5-million-in-nasdaq-ipo-and-delivers-strong-market-debut/ad4a1813-3bec-46fc-9531-0dacab4dfbcb_en", "title": "HBM Portfolio Company Lycia Therapeutics Raises USD 317.5 Million in Nasdaq IPO and Delivers Strong Market Debut | Corporate - EQS News", "type": "corporate_news" }, { "category": "insiderinformationen-ad-hoc-mitteilung", "date": "2026-10-23", "source": "https://www.eqs-news.com/news/insiderinformationen-ad-hoc-mitteilung/hbm-healthcare-investments-publiziert-halbjahresbericht-per-30-september-2026-mit-kennzahlen-fuer-die-ersten-sechs-monate-des-geschaeftsjahrs-2026-2027/7e28d346-e087-4991-bf14-a34f5b52fe07_de", "title": "HBM Healthcare Investments publiziert Halbjahresbericht ...", "type": "results" } ], "latest_filing_date": "2026-11-02", "read": "the node's event lines (list_events_since), as get_filings serves them", "source": "https://mcp.ch-cm-kg.ai/events/SIX/HBMN", "window": { "from": "2025-11-06", "to": "2026-11-06" } }, "identity": { "exchange": { "read_by": "SIX Swiss Exchange share explorer feed (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)", "state": "sourced", "value": "SIX" }, "isin": { "read_by": "SIX Swiss Exchange share explorer feed (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)", "state": "confirmed", "value": "CH0012627250" }, "jurisdiction": { "read_by": "Zefix federal commercial register index (zefix.ch public web API, name-exact + corporation legal form) (legal form)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.zefix.ch/en/search/entity/list?name=HBM", "state": "sourced", "value": "Switzerland (Zefix-registered corporation)" }, "lei": { "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN", "read_date": "2026-11-09", "read_date_basis": "the field", "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN CH0012627250)", "state": "sourced", "value": "549300IFDFSDRT4D3076" }, "name": { "read_by": "SIX Swiss Exchange share explorer feed (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)", "state": "sourced", "value": "HBM N" }, "sector": { "market": "CH", "reason": "the SIX feed returns an empty ICB industry for this line", "state": "not_on_record" }, "security_type": { "read_by": "SIX Swiss Exchange share explorer feed (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)", "state": "sourced", "value": "Corporate" }, "segment": { "market": "CH", "state": "not_on_record" }, "ticker": { "read_by": "SIX Swiss Exchange share explorer feed (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html (feed six-group.com/fqs/ref.json, PortalSegment=EQ)", "state": "sourced", "value": "HBMN" }, "website": { "market": "CH", "state": "not_on_record" } }, "licensed": { "columns": [ "licensor", "entitlement", "title", "date", "source" ], "rows": [], "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded." }, "lifecycle": { "delisting": { "market": "CH", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "domicile_change": { "market": "CH", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "listing": { "market": "CH", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "name_change": { "market": "CH", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" }, "segment_move": { "market": "CH", "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)", "state": "not_on_record" } }, "market": "CH", "node": "ch-cm-kg", "numbers_hash": "sha256:a26b59db2c6768a1c3bf0a10b5e6ac9cc9637910559454fcd7f773997ab2d1fd", "open_research": { "read_date": "2026-11-12", "rows": [ { "date": "2026-05-13", "kind": "issuer-sponsored", "publisher": "CIC Market Solutions", "read_by": "the note's link answers (200 application/pdf); a document, not read as text", "read_date": "2026-11-12", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/cic-market-solution-hbmn-13-may-2026.pdf", "state": "sourced", "title": "HBM Healthcare Investments (Buy) Record 2026 FY and investment capacity remains intact" }, { "date": "2026-03-09", "kind": "issuer-sponsored", "publisher": "Baader Europe", "read_by": "the note's link answers (200 application/pdf); a document, not read as text", "read_date": "2026-11-12", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm_healthcare_investments_baader_0.pdf", "state": "sourced", "title": "Model update: New Analyst" }, { "date": "2024-09-17", "kind": "independent", "publisher": "Peel Hunt", "read_by": "the note's link answers (200 application/pdf); a document, not read as text", "read_date": "2026-11-12", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/240917_peelhunt_hbm_healthcare_investments_mh_v2_1_1.pdf", "state": "sourced", "title": "HBM Healthcare Investments" }, { "date": "2022-05-25", "kind": "issuer-sponsored", "publisher": "Edison Investment Research Limited", "read_by": "the note's link answers (200 application/pdf); a document, not read as text", "read_date": "2026-11-12", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm-healthcare-investments-looking-ahead-to-renewed-opportunities-25-may-2022.pdf", "state": "sourced", "title": "HBM Healthcare Investments: Looking ahead to renewed opportunities" }, { "date": "2020-03-09", "kind": "issuer-sponsored", "publisher": "Baader Helvea Equity Research", "read_by": "the note's link answers (200 application/pdf); a document, not read as text", "read_date": "2026-11-12", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm-baader-helvea-march-2020.pdf", "state": "sourced", "title": "HBM Healthcare Investments" } ], "state": "found" }, "orderability": { "chapter_as_of": "2026-11-04", "client_categories": [ "Privatkundinnen und -kunden", "professionelle Kunden", "institutionelle Kunden" ], "outcomes": { "Privatkundinnen und -kunden": { "determinable": true, "signal": "ACM-200" }, "institutionelle Kunden": { "determinable": true, "signal": "ACM-200" }, "professionelle Kunden": { "determinable": true, "signal": "ACM-200" } }, "read": { "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group", "chapter": "https://mcp.ch-cm-kg.ai/book/aio.json", "door": "https://mcp.ch-cm-kg.ai/mcp", "tool": "get_orderability" }, "rule_version": "acm-68000/ch/finsa-product-duties/r1", "section": "ch.aio.v8" }, "record": { "as_of": "2026-11-06", "url": "https://mcp.ch-cm-kg.ai/record/SIX/HBMN", "version": 1 }, "schema": "research-numbers v0.1 (USR-01, 2026-11-11)", "status": { "read_date": "2026-11-09", "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions", "value": "listed, not halted" } }, "numbers_hash": "sha256:a26b59db2c6768a1c3bf0a10b5e6ac9cc9637910559454fcd7f773997ab2d1fd", "path": "/ch/SIX/HBMN", "schema": "research-page v0.1 (USR-02, 2026-11-11)", "sections": [ { "id": "identity", "text": "The issuer is HBM N, listed on SIX under ticker HBMN, with ISIN CH0012627250 and LEI 549300IFDFSDRT4D3076. Its security type is Corporate and its jurisdiction is Switzerland, as a Zefix-registered corporation. The segment is not on the record, and the sector is not on the record because the SIX feed returns an empty ICB industry for this line. The listing status is listed, not halted.", "title": "Identity and listing" }, { "id": "disclosure", "text": "The record holds 13 filings in the twelve months to 2026-11-06, across 10 filing days: 3 ad hoc, 9 corporate news and 1 results. The median gap between filing days is 5 days. The latest filing is dated 2026-11-02 and is of type corporate news, 4 days before the record date. The SIX exchange median is 29.5 days for cadence gap, 0 filings and 14 days for latency, across 607 issuers. The sector median is not on the record for market CH.", "title": "The disclosure read" }, { "id": "auditor", "text": "The auditor of record is Ernst & Young Ltd. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet (SHELF-01: us and ca first).", "title": "Auditor" }, { "id": "events", "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, as this register has no lifecycle type map yet (SHELF-01: us and ca first). The halt flag shows listed, not halted.", "title": "Events and halts" }, { "id": "orderability", "text": "The outcome is determinable for all three client categories under signal ACM-200: Privatkundinnen und -kunden, professionelle Kunden and institutionelle Kunden. The rule version is acm-68000/ch/finsa-product-duties/r1, and the chapter is as of 2026-11-04.", "title": "Orderability" }, { "id": "coverage", "text": "No research houses were found on the issuer's investor-relations page; the count is 0.", "title": "Coverage" }, { "id": "open_research", "text": "The record holds 5 openly published research notes: CIC Market Solutions on 2026-05-13, Baader Europe on 2026-03-09, Peel Hunt on 2024-09-17, Edison Investment Research Limited on 2022-05-25, and Baader Helvea Equity Research on 2020-03-09.", "title": "Open research" }, { "id": "licensed", "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.", "title": "Licensed" }, { "id": "depth", "text": "The market's vintage is not sealed, and no issuer years are sealed. The market's earliest sealed date is not on the record, and the live record began is not on the record.", "title": "As-of depth" }, { "id": "sources", "text": "13 source pages are named on this page; every value above carries its own source page and read date in the numbers.", "title": "Sources" } ], "sources": [ { "for": "identity.exchange", "source": "https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer.html" }, { "for": "identity.jurisdiction", "source": "https://www.zefix.ch/en/search/entity/list?name=HBM" }, { "for": "identity.lei", "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download" }, { "for": "the disclosure lines", "source": "https://mcp.ch-cm-kg.ai/events/SIX/HBMN" }, { "for": "the halt flag", "source": "https://www.ser-ag.com/sheldon/official_notices/v2/find.json ; https://www.bxswiss.com/suspensions" }, { "for": "the auditor", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/gb/hbm-healthcare-investments-annual-report-2025-2026.pdf" }, { "for": "the orderability chapter", "source": "https://mcp.ch-cm-kg.ai/book/aio.json" }, { "for": "open research", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/cic-market-solution-hbmn-13-may-2026.pdf" }, { "for": "open research", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm_healthcare_investments_baader_0.pdf" }, { "for": "open research", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/240917_peelhunt_hbm_healthcare_investments_mh_v2_1_1.pdf" }, { "for": "open research", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm-healthcare-investments-looking-ahead-to-renewed-opportunities-25-may-2022.pdf" }, { "for": "open research", "source": "https://www.hbmhealthcare.com/sites/default/files/downloads/ck-uploads/hbm-baader-helvea-march-2020.pdf" }, { "for": "the record", "source": "https://mcp.ch-cm-kg.ai/record/SIX/HBMN" } ], "title": "HBM N (HBMN) — research page", "writer": { "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers", "engine": "claude-haiku-5-5" } }