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Hong Kong pharmaceutical stocks continue to rise, with Tongyuan Kang Medicine rising nearly 11%.

16/08/2025

As of the time of writing, Tongyuan Kang Medicine-B rose by 10.82%, Beihai Kangcheng-B rose by 6.19%, Rongchang Biological rose by 4.70%, and Pharmaron Biological rose by 1.95%.

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Bank of America: Federal Reserve's adjustment of investment portfolio may bring $2 trillion to Treasury Department.

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West Texas Intermediate Fund fell more than 1.2%, leading the decline in major US stock asset class ETFs, while agricultural funds rose more than 1.7%

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Novo Nordisk: Wegovy approved for the treatment of metabolic dysfunction-associated fatty liver disease in the United States.

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Novo Nordisk: Wegovy approved in the United States for the treatment of metabolic dysfunction-associated fatty liver disease (MAFLD).

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On Friday (August 15th), the semiconductor ETF fell by 2.08%, while the banking sector ETF, regional banking ETF, and financial industry ETF dropped by 1.72%-1.04%. Technology sector ETFs, global technology stock index ETFs, global technology stock market index ETFs, and consumer discretionary ETFs fell by up to 0.76%, while the energy sector ETF remained stable. The internet stock index ETF rose by 0.37%, and the global aviation industry ETF, biotechnology index ETF, and medical industry ETF rose by up to 1.68%.

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