Hong Kong Stock Movement | Wai Yuen Tong (00897) Surges Over 11% as Monkey Jujube Phlegm-Removing Powder Approved for Mainland Listing

Stock News
10/23

Wai Yuen Tong (00897) has seen its shares rise over 11%, with a current increase of 11.36%, trading at HKD 0.49 and achieving a turnover of HKD 2.53 million. According to the Guangdong Food and Drug Administration, the National Medical Products Administration has recently approved the listing of the Monkey Jujube Phlegm-Removing Powder submitted by Hong Kong Wai Yuen Tong Pharmaceutical Co., Ltd. This marks the first product to be approved for mainland listing under the simplified registration approval policy for traditional Chinese medicine that has already been listed in Hong Kong and Macau, indicating the effective implementation of this policy. According to Wai Yuen Tong's annual report, the company's three flagship products include the "An Gong Niu Huang Wan" series (Gold-plated An Gong Niu Huang Wan and Pharmaceutical Standard An Gong Niu Huang Wan), the classic "Yang Yin Wan," which has won accolades as a cultural heritage of Lingnan traditional Chinese medicine in Guangdong Province, and the "Monkey Jujube Phlegm-Removing Powder," which has been the sales champion for ten consecutive years.

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