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A-share innovative drug stocks rallied, with Yaokang Biotech surging over 13% and Lemei Pharmaceutical rising over 8%. Other stocks such as Yinuosi, Harbin Sanlian Pharmaceutical, Borui Pharmaceutical, Hualan Pharmaceutical, and Zhongsheng Pharmaceut

2026-07-22

A-share innovative drug stocks rallied, with Yaokang Biotech surging over 13% and Lemei Pharmaceutical rising over 8%. Other stocks such as Yinuosi, Harbin Sanlian Pharmaceutical, Borui Pharmaceutical, Hualan Pharmaceutical, and Zhongsheng Pharmaceutical also saw gains. In related news, US President Trump announced on social media on July 21 that all generic drugs imported into the US will continue to be subject to zero tariffs for two years, starting August 1, 2026. After the two-year period, a 100% tariff will be imposed on these products for one year; thereafter, the tariff will further increase to 200%.

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2026-07-22

According to Iran's Tasnim News Agency, an explosion was heard in Erbil, Iraq.

According to Iran's Tasnim News Agency, an explosion was heard in Erbil, Iraq.
2026-07-22

On July 21st, the proportion of A-share stocks with a turnover rate below 3% fell back to 66.52%, remaining in the middle of the fluctuation range since October 2024; the proportion of stocks with a turnover rate above 5% rebounded to 23.74%, remaini

On July 21st, the proportion of A-share stocks with a turnover rate below 3% fell back to 66.52%, remaining in the middle of the fluctuation range since October 2024; the proportion of stocks with a turnover rate above 5% rebounded to 23.74%, remaining above the threshold. Turnover rate indicates that market activity has recovered somewhat. Note: 1. When the proportion of stocks with a turnover rate below 3% rises, especially near historical highs (dashed line in the chart, representing a reversal trend), it means the market is likely to have reached a temporary low, making a reversal or rebound more likely. 2. When the proportion of stocks with a turnover rate above 5% remains above the threshold (dashed line in the chart), a strong profit-making effect emerges in the market, making the market trend sustainable. During a bull market, this indicator will consistently remain above the threshold, leading to a broad-based market rally; while during a bear market, this indicator is mostly below the threshold, and occasionally exceeding the threshold should be viewed with caution due to the risk of a pullback after a surge.
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