ZAI LAB (09688.HK) experienced a significant surge in its stock price, soaring 6.63% during the intraday trading session on Wednesday. This impressive gain outpaced the 5% increase mentioned in earlier reports, highlighting the stock's strong momentum.
The stock's upward movement was part of a broader rally in Hong Kong's pharmaceutical sector. Investors showed renewed interest in healthcare stocks, leading to substantial gains across multiple companies in the industry.
Other notable performers in the sector included Innovent Bio, which led the pack with a remarkable 15% increase. Junshi Bio and CSPC Pharma both saw gains of 4%, while TigerMed and Innocare each rose by 3%. This widespread uptick in pharmaceutical stocks suggests a sector-wide trend, potentially driven by positive industry news or changing market sentiments towards healthcare investments.
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