www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

Biopharma, healthcare stocks set for Q3 bounce

By Wu Yiyao (China Daily) Updated: 2016-07-04 09:38

Shares in companies in the supply chain of biopharma and healthcare services surged in Shanghai and Shenzhen last week.

The biggest gain was made by Er-Kang Pharmaceutical Ltd, which rose 10 percent. Analysts expect further rises in such stocks in the July-September quarter.

According to Shanghai-based Wind Information Co Ltd, a financial information provider, more than 180 companies listed in Shanghai and Shenzhen, out of the more than 220 that are focused on biopharma and healthcare sectors, gained last week. Their overall performance rose some 2 percent.

In the long run, as supply-side reforms deepen, more profit-making opportunities will arise in stocks of companies engaged in technology innovation, analysts said.

For example, makers of blockbuster drugs will likely increase their market shares as general drug prices fall.

The trend marks a turnaround for the sector that underperformed for most part of the first half of this year. For instance, these shares gained only 0.6 percent in June against A shares' overall gain of more than 2 percent.

A research note from Fuzhou-based Industrial Securities Co Ltd attributed their not-so-robust performance to regulators' adjustment of prices of drugs.

Also, some companies whose valuations were high over the past few months, particularly those whose stocks rose more than their profitability, saw their share prices correcting in June.

Challenges remain as drug prices fall due to regulators' efforts to make them affordable for the masses. Some concept-driven, capital-intensive technologies, which have been valued highly but have not yet produced any proven research results yet, are causing concern to investors, analysts said.

So, firms with blockbuster drugs in their offerings and those with high-caliber research and development teams are more likely to increase their market share in the long run, they said.

A research note from Guangfa Securities said declining drug prices make competition fiercer. If many drugmakers focus on the same category of drugs, or even similar drugs under different brands, the smaller players may risk losing market share to bigger ones when the market consolidates.

The pharmaceutical and healthcare research team of Haitong Securities said they believe as supply-side reforms deepen, more drugs, health check-ups and tests will likely be covered under the public healthcare system and the social security system.

And medical appliance makers, raw material suppliers to drugmakers and healthcare service providers will likely see higher sales as demand from those with diabetes, blood diseases and tumors is expected to rise.

Game-changing drugs and technologies such as those to combat tumors, DNA sequencing for anti-cancer drug development, and providers of exclusive healthcare and examination services, may benefit the most from a fast-changing market, the Haitong research note said.

Data of the first two quarters of 2016 showed sales of prescribed drugs, particularly those for medical treatment, surpassed expectations. Demand for contract research organizations, excipients, and drug import and export trading solutions remains robust, it said.

According to Northeast Securities Co Ltd, retailers that enable online purchases of over-the-counter drugs and online-to-offline purchases of prescribed drugs, will see higher growth than physical drugstores in the long run.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久草中文在线观看 | 欧美成人免费午夜全 | 岛国在线永久免费视频 | 免费人成在线观看网站 | 成人毛片在线视频 | 中文国产成人精品久久无广告 | 亚洲国产精品久久久久 | 成人久久18免费网站入口 | 亚州三级 | 国产一区二区精品在线观看 | 亚欧色视频在线观看免费 | 日本国产在线 | 亚洲精品二区中文字幕 | 欧美a级完整在线观看 | 三级全黄a | 精品久久久久久免费影院 | 美女被免费网站在线视频软件 | 大量愉拍情侣在线视频 | 亚州免费视频 | 国产免费影院 | 午夜视频久久 | 国产成人免费网站在线观看 | 欧美综合另类 | 黄色作爱视频 | 欧美日韩视频在线第一区二区三区 | 精品视频一区二区三区免费 | 国产成人久久久精品毛片 | 国产在线播放成人免费 | 九九九国产视频 | 亚洲一区二区三区久久 | 波多野结衣在线播放 | 亚洲国产一区在线二区三区 | 亚洲一区区 | 日本视频免费在线播放 | 国产91综合 | 亚洲精品中文一区不卡 | 一级特黄牲大片免费视频 | 国产一区亚洲欧美成人 | 国产成人丝袜网站在线看 | 777色狠狠一区二区三区 | 久久男人天堂 |