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Story perspectives

China's Biopharma Boom: 60% Surge Amid Market Volatility

8/11/2025

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Story summary
  • The Chinese biopharma sector is booming, with the Hang Seng Biotech Index increasing by 60% in 2024-2025.
  • Allist Pharmaceuticals has achieved profitability post-IPO, aided by favorable STAR Market regulations.
  • Market volatility persists, exemplified by Cloudbreak Pharma's notable stock decline, indicating risks in speculative investments.
  • The STAR Market supports innovation, projecting China's biomedical sector to reach a value of 8 trillion yuan by 2030.