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Home > Latest

Hong Kong stocks of innovative pharmaceutical concept stocks fell under pressure, with Chinese biopharmaceuticals dropping over 4%.

date
17/09/2025
Hong Kong stocks in innovative pharmaceutical concept shares fell under shock, with China Biopharmaceutical, Viya Biotech, and Fosun Pharma falling more than 4%. Junshi Biosciences, Rongchang Biotech, and Sundia Biotech also fell more than 3%.
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Li Jiachao: optimize the "land-sea connection through Zhuhai Port", covering more inland cities.
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On September 17th, Chief Executive of the Hong Kong Special Administrative Region, Carrie Lam, delivered the 2025 Policy Address at the Legislative Council. Lam announced that the Hong Kong government will establish a "Commodity Strategy Committee" led by the Financial Secretary to enhance the top-level design and long-term strategic planning of commodity policies, with representatives from the industry. At the same time, Hong Kong will continue to promote the development of the commodity trading ecosystem as outlined in last year's Policy Address. This includes initiatives such as supporting the establishment of more recognized warehouses by industry players, providing half-tax incentives for commodity traders to set up in Hong Kong to boost demand for shipping and professional maritime services, and utilizing financial innovation to optimize international commodity trading processes. This includes collaboration with the Hong Kong Monetary Authority and the Central Bank of Brazil to test electronic bill of lading and tokenization of deposits to facilitate trade. Furthermore, efforts will be made to deepen connections with the Guangzhou Futures Exchange and other commodity markets in mainland China to support the internationalization of China's commodity market.
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Chang Jietong (01588) The controlling shareholder reduced its holdings by 42.1078 million shares, and its shareholding decreased to approximately 53.53%.
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Li Jiachao: Strengthening the top-level design of commodity policies, will establish a "commodity strategy committee"
4 m ago
Li Ka-chung: The special administrative region government fully supports the operation of the International Arbitration Centre.
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