Hong Kong biotech stocks maintained their upward momentum, with Clover Bio-B leading the gains with a surge of over 12%. Hua Medicine and Alphamab Oncology both climbed more than 9%, while XtalPi Holdings rose over 6%. Junshi Biosciences, WuXi Biologics, and BeiGene all advanced more than 4%.
Pacific Securities released a research note recommending investors pay attention to the incremental impact on the pharmaceutical sector from changes in market pricing power funding, particularly strategic positioning in AI healthcare and innovative drug investment strategies. At the industry level, the firm suggests monitoring: 1) Changes in Federal Reserve interest rate policy, 2) Marginal changes in investment and financing, 3) Gradual recovery in overseas demand, 4) China-US relations and geopolitical factors, 5) The rollout of detailed policies including medical insurance Category C catalog, commercial insurance, and comprehensive support policies for the innovative drug industry chain.
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