How did the pharmaceutical industry perform under the run-off bull market?

Since the second half of 2020, the stock market has been on a strong upward trendstarting on June 29th, a number of A-shares, led by the brokerage sector, began to rise in a row, with the Shanghai Composite Index breaking through the 3400-point mark, its highest level since March 2018despite a brief adjustment on Friday, but today the stock market began to rise in volume, the Shanghai Composite Index rose 1.77 percent, the eight-day turnover broke trillion, the two cities total turnover of 1.26 billion lots, turnover rate of 1.55 percentChart 1 Shanghai Composite Index change source: Tonghuashun, Zhongkang Capital Industry Research Center stock market after the impact of the outbreak finally have signs of recovery back, so from the weak outbreak period to the momentum of the current, the performance of the pharmaceutical sector? Medicine and the broader market: The following is the benchmark date of January 2, 2020, which is the following, and the rise and fall of the CSI 300 and the Pharmaceutical Biologic Index is calculatedbefore the bull market, the CSI 300 index is basically in a stable flat state, while the pharmaceutical and biological sector index is bullishafter the end of June, the stock market broke out, the growth rate of the large-cap index continued to rise, the growth rate of rapid growth;Chart 2 Shanghai-Shenzhen 300 and pharmaceutical bio-index growth rate comparison source: Tonghuashun, Zhongkang Industrial Capital Research Center medicine and various industries: the early rapid, the current slightly weaker stock market surge is led by the brokerage sector, driving the market upin the Shenwan first-class sector index, food and beverage sector, computer sector and communications sector in this boom under the rise of the leadinghere we select these plates to compare the pharmaceutical and biological sectors to compare their exponential growth rates over the last ten days and relative to the beginning of the yearthe indices of thesectors are growingthe pharmaceutical and biological sector has had the highest index growth rate since the beginning of the year, with a rise of more than 50%in the bull market in the last ten days, the index growth rate of pharmaceutical biology is 9.72%, while the growth rate of other sectors is more than 10%, of which the "bull high-frequency engine" brokerage sector recently grew as high as 36.77 percentChart 3 The growth rate of the major sector indices is compared with the source of the information: Tonghuashun, The China Kang Industrial Capital Research Center selected the stock market began to climb continuously since June 29 for 10 trading days, calculated the average daily increase in trading volume of different sectorsthe brokerage sector average increased the volume of trading volume, reaching 8.6747 million lots, computer and pharmaceutical and biological sectorwith with 520.51 and 451.87 million lots ranked second and thirdChart 4 The mean value of the increase in the volume of each sector in the last 10 trading days Source: Tonghuashun, Zhongkang Industrial Capital Research Center although the performance of pharmaceutical biological trading volume did not top the list under the bull market, but also very considerableand since the outbreak, its trading volume has increased significantly, breaking hundreds of millions of lots in early February, nearly three times as many as at the beginning of the year, and has since recovered but remained largely stable this shows the bullishness and pursuit of pharmaceutical and biological stocks among investors and the market Chart 5 Pharmaceutical Biology Sector Volume Source: Tonghuashun, China Kang Industrial Capital Research Center Pharmaceutical Stocks: Overall up, good situation of the pharmaceutical and biological sector 307 stocks, 281 rose, 26 fell in the past five days, the rise of more than 100% of the two, are just listed before the opening of the enterprise - insulin giant Ganli Pharmaceuticals and the first domestic production of human duoceloblast rabies vaccine Kantai biology, the two rose as high as 135.81 percent and 135.79 percent, respectively, the difference rose behind Zhende Medical, Zhengchuan Shares and David Medical, all medical device companies the top five companies fell by more than 10 per cent, while the rest fell slightly in 10 per cent Chart 6 Top5 Source: Tonghuashun, leading enterprises of China Kang Industrial Capital Research Center performed well the rise and fall of the top 10 companies in the sector weighting, their share prices have risen in the last five days "Pharmaceutical One Brother" Hengrui Pharmaceutical weight ingon about 10%, greatly affecting the changes in the pharmaceutical sector index, its increase of 7.72% of which the increase of more than 10% of the enterprises have three, namely, Zhifei Bio, Yunnan White Medicine and Kantai Biological, of which the perch vaccine field and in vitro diagnosis of Kantai Bio with a 21.03 percent increase to become the first of the top ten weighting chart 7 pharmaceutical biology plate weight inglisal rise and fall in the last 10 days of the range source: Tonghuashun, Zhongkang Industrial Capital Research Center A shares in the wind and waves after the final dawn, because the market in the past few days, we have looked forward to the arrival of the bull market but no matter what, you can see that medical life in the good times and adversity is still steadily moving forward, not to live up to expectations - medicine is related to human life and health, is the must pay attention to the field of continuous innovation, the development prospects of the industry is bound to be bright .