Shares gain on reform talk in medical sector
Print Edition
SHANGHAI stocks rose yesterday as investors were buoyed by discussions on reform in the medical sector during the annual parliamentary sessions.
The Shanghai Composite Index added 0.51 percent to 3,279.53 points.
Delegates to the annual meetings discussed reforms in the medical care sector, with restructuring of public hospitals being a key. Meanwhile, the government will work to achieve a fairer distribution of medical resources.
Southwest Securities said investors were hopeful about investment in the medical sector, with particular focus on biological medicine companies.
Harbin Pharm Group Sanjing Pharmaceutical surged 9.98 percent to 13 yuan (US$2.08), Zhejiang Huahai Pharmaceutical jumped 8.79 percent to 15.85 yuan, and Guizhou Yibai Pharmaceutical rose 8.68 percent to 41.34 yuan.
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