Pharmaceutical stocks surge across the board, with the CRO index up more than 5%
On September 21, all three major A-share indices rose. The pharmaceutical sector surged across the board, with the CRO index up more than 5%. The innovative drugs and healthcare services indices rose more than 4%, while sub-sector indices rose more than 3%. Nearly 20 stocks hit the daily trading limit or gained more than 10%, and Lingyi Pharmaceutical Industry hit the daily limit with a 30% gain.
Ten departments, including the Ministry of Industry and Information Technology, issued the “15th Five-Year Plan” for the development of the pharmaceutical industry. It calls for accelerating the enablement of drug R&D through technologies such as AI, quantum technologies, and supercomputing. Overall, the pharmaceutical sector’s momentum continues to heat up, and investor sentiment is high.
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On September 21, all three major A-share indices rose. The pharmaceutical sector surged across the board, with the CRO index up more than 5%. The innovative drugs and healthcare services indices rose more than 4%, while sub-sector indices rose more than 3%. Nearly 20 stocks hit the daily trading limit or gained more than 10%, and Lingyi Pharmaceutical Industry hit the daily limit with a 30% gain.
Ten departments, including the Ministry of Industry and Information Technology, issued the “15th Five-Year Plan” for the development of the pharmaceutical industry. It calls for accelerating the enablement of drug R&D through technologies such as AI, quantum technologies, and supercomputing. Overall, the pharmaceutical sector’s momentum continues to heat up, and investor sentiment is high.
#Follow4Follow# #If You Follow, I’ll Follow Back#
