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Rising Flu Cases in Winter? Hong Kong-Listed Pharmaceutical Sector Bucks the Market Trend with Gains

On November 14, the three major indices of Hong Kong stocks collectively adjusted downwards. However, biopharmaceuticals and innovative drug Show More
On November 14, the three major indices of Hong Kong stocks collectively adjusted downwards. However, biopharmaceuticals and innovative drug concept stocks experienced a strong rise, with VV Technology surging over 18%, CStone Pharmaceuticals up more than 15%, and Ascletis Pharma increasing by over 12%. On November 10, the National Disease Control and Prevention Administration had mentioned at a press conference that the peak of this year's seasonal flu in China might occur in mid-to-late December and early January. With winter flu entering its high-incidence season, could a rally in pharmaceutical stocks be on the horizon? Could Hong Kong-listed pharmaceutical stocks serve as the 'thermos cup' in winter?
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