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The A-share traditional Chinese medicine (TCM) sector opened stronger, with TeYi Pharmaceutical and Panlong Pharmaceutical both hitting their daily limit, BioValley rising over 16%, and Kangyuan Pharmaceutical, Weikang Pharmaceutical, Longshen Rongfa

2026-02-06

The A-share traditional Chinese medicine (TCM) sector opened stronger, with TeYi Pharmaceutical and Panlong Pharmaceutical both hitting their daily limit, BioValley rising over 16%, and Kangyuan Pharmaceutical, Weikang Pharmaceutical, Longshen Rongfa, and Yue Wannianqing also rising. The Ministry of Industry and Information Technology and eight other departments issued the "Implementation Plan for High-Quality Development of the Traditional Chinese Medicine Industry (2026-2030)," proposing that by 2030, a coordinated development system for the entire TCM industry chain will be initially formed, and the continuous and stable supply capacity of key TCM raw materials will be further enhanced.

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