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Guotai Haitong Asset Management said 1H 2026 posted record totals for Chinese innovative-drug BD transactions and upfront payments, and that outbound expansion remains the sector's strongest investment thesis. Chinese innovative drugs' share of multi

2026-07-16

Guotai Haitong Asset Management said 1H 2026 posted record totals for Chinese innovative-drug BD transactions and upfront payments, and that outbound expansion remains the sector's strongest investment thesis. Chinese innovative drugs' share of multinational BD sourcing has risen sharply, signaling stronger international recognition. In H2, with WCLC in September, ESMO in October and ASH in December, concentrated clinical readouts from multi-specific antibodies and ADC core pipelines — together with key filing overseas milestones — could provide sustained sector catalysts and drive valuation repair.

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2026-07-16

A-share pork stocks saw a short-term surge, with Dayu Bio rising over 7%, followed by gains in Tiankang Bio, Tianbang Food, Jinxinnong, and Wens Foodstuff.

A-share pork stocks saw a short-term surge, with Dayu Bio rising over 7%, followed by gains in Tiankang Bio, Tianbang Food, Jinxinnong, and Wens Foodstuff.
2026-07-16

FED'S BEIGE reports the U.S. labor market broadly expanded. Of 12 Fed districts, five saw job gains (ranging from mild to moderate-to-meaningful), seven were essentially unchanged; only one district showed an improvement versus the prior report. Empl

FED'S BEIGE reports the U.S. labor market broadly expanded. Of 12 Fed districts, five saw job gains (ranging from mild to moderate-to-meaningful), seven were essentially unchanged; only one district showed an improvement versus the prior report. Employment gains were concentrated in manufacturing, construction and retail, while technicians and skilled trades remain hard to hire; a few districts reported limited job declines. Wages largely rose modestly to moderately, with some pay increases driven by competition for skilled labor. Several districts noted firms are increasingly using AI for candidate screening or to raise employee productivity.
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