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Tigermed (300347.SZ) has repurchased a total of 3.6552 million shares, costing 0.191 billion yuan.
tigermed (300347.SZ) announced that as of September 30, 2024, the company traded through centralized competitive bidding...
Tigermed's EGM Concludes With Key Resolutions Passed
Trending Industry Today: TIGERMED Leads Losses In Biotechnology Stocks
[Brokerage Focus] China Post Securities expects the pharmaceutical sector to continue to rise uniformly, suggesting prioritizing the layout of various segmented sectors and leading companies in the first and second tiers during the general rise phase.
Golden Herald Financial News | China Post Securities stated that since the end of September, the pharmaceutical sector has been boosted by the national comprehensive incremental policy, solidly promoting the economy towards a higher-quality structure under the heavy bullish push, leading to a rapid rebound of the index by about 29%, reversing the continuous decline of nearly 4 years. Looking at the current PE (TTM), A-share pharmaceuticals are at 32 times, and Hong Kong stocks at 23 times. The previous continuous decline has already deviated from the fundamentals. The bank believes that the increase in market risk appetite will accelerate the sector's valuation repair. As of H1 2024, the institutions hold a 7.3% stake in the CSI SWS Health Care Index sector, which, although slightly lower than the end of 2023, still remains at a historically high level, indicating a general positive sentiment among institutions.
Trending Industry Today: JOINN Leads Gains In CRO Stocks
Hong Kong stocks are showing abnormal movements | CRO concept stocks continued to rise in the morning, selling businesses may alleviate doubts, the industry's investment and financing vitality is expected to recover rapidly.
Concept stocks of CRO continue to rise in early trading. As of the time of publication, Joinn Laboratories (06127) rose by 16.04% to HKD 13.02; Pharmaron (03759) rose by 12.9% to HKD 22.15; Tigermed (03347) rose by 5.09% to HKD 55.7; Wuxi Apptec (02359) rose by 2.61% to HKD 68.85; Wuxi Bio (02269) rose by 2.1% to HKD 21.9.
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