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Express News | Ping An Securities Pharmaceutical Industry 2025 Annual Strategy Report: Exploring new growth from payment sources, focusing on innovation, going overseas, equipment upgrades, and Consumer recovery.
This week's Hong Kong stock bull | The "first domestic makeup stock" in Hong Kong! Mao Ge Ping soared over 86% in its first week of listing; Consumer encouragement policies are expected to continue to strengthen, and Lao Pu Gold has increased by over 20%.
This week, the Hang Seng Index increased by 0.53%, closing at 19,971.24 points; during the same period, the Hang Seng TECH Index rose by 0.33%, closing at 4,479.6 points; the Hang Seng China Enterprises Index increased by 0.7%, closing at 7,186.59 points.
John Lee Ka-chiu: The long-term goal is to establish the Hong Kong Drug Administration to jointly leverage the advantages of clinical trials with the Mainland.
During an interview with RTHK, Chief Executive John Lee Ka-chiu stated that the long-term goal of the authorities is to have its own drug regulatory agency that can approve medicines and medical devices. To achieve this goal, it is necessary to establish an office to prepare, including the need to join international organizations and strengthen clinical research. John Lee mentioned that Hong Kong and the mainland can jointly leverage advantages in clinical trials, including utilizing mainland data, such as patient databases from the 1.4 billion population or nearly 80 million people in the Greater Bay Area. When top-tier clinical trials can be conducted, pharmaceutical companies can be attracted to Hong Kong, increasing the city's competitiveness and business opportunities.
Shanghai: Accelerate the merger of csi all share investment banking & and establish a 10 billion yuan biomedical industry merger fund.
Shanghai issued the "Action Plan for Supporting Listed Companies in Mergers and Acquisitions (2025-2027)" which proposes to accelerate the merger of csi all share investment banking & and create a first-class investment bank. It will guide investment banks to form comprehensive service teams for mergers and acquisitions, and regularly organize training for intermediaries such as investment banks, accounting firms, law firms, and institutions that conduct asset evaluations to enhance their industry control capabilities and professional services for mergers and acquisitions. The action plan also suggests making good use of the foreign direct investment (ODI) filing mechanism for key areas' cross-border merger projects to facilitate listed companies acquiring high-quality overseas assets. Introducing market-oriented merger funds for professional tracks.
Express News | Shanghai aims to nurture around 10 internationally competitive listed companies in key industries such as integrated circuits, biomedical, and new materials by 2027, forming a merger and acquisition trade scale of 300 billion yuan.
Latest Data of InnoCare's Orelabrutinib Presented at the 66th Annual Meeting of ASH