A-share innovative drug stocks rallied in early trading, with Zhendong Pharmaceutical rising over 8%, followed by gains in other stocks such as Baipusaisi, Haite Bio, Baicheng Pharmaceutical, and Chengdu Pioneer. This surge was driven by news that te

2026-09-18

A-share innovative drug stocks rallied in early trading, with Zhendong Pharmaceutical rising over 8%, followed by gains in other stocks such as Baipusaisi, Haite Bio, Baicheng Pharmaceutical, and Chengdu Pioneer. This surge was driven by news that ten departments jointly released the "15th Five-Year Plan for the Development of the Pharmaceutical Industry," proposing that by 2030, the innovative drug industry's scale should grow at an average annual rate of no less than 20%.