Origin Agritech Limited (SEED) announced Thursday morning that its Origin Biotechnology subsidiary reached an comprehensive, worldwide agreement with the Institute of Microbiology of the Chinese Academy of Sciences and Sichuan Biotech Engineering Limited, regarding the glyphosate-tolerance gene.
Origin Agritech gapped open higher Thursday, but has since traded in a narrow range. The stock has climbed in the last few minutes and is now up 0.99 at $5.78 on above average volume. Shares are now challenging resistance, trading at over a 3-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.