CRO Concept Sector Plunges 8.83%, WuXi AppTec and Six Others See Net Outflows Exceeding 100 Million Yuan

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Summary · why it matters

As of the close on July 17, the CRO concept sector fell 8.83% overall, ranking among the top decliners. Within the sector, Bio-Key hit the 20% daily limit down, while Asymchem, Lingkang Pharmaceutical, and Baihua Pharmaceutical also hit limit down. BioMap, Haoyuan Chemexpress, and Hongbo Pharmaceutical led the declines. In terms of capital flows, the sector saw a net outflow of 3.421 billion yuan in main funds for the day, with 63 stocks experiencing net outflows and seven stocks seeing net outflows exceeding 100 million yuan. The largest outflow was from WuXi AppTec, reaching 944 million yuan, followed by Pharmaron, HitGen, and Zhaoyan New Drug with net outflows of 378 million yuan, 173 million yuan, and 154 million yuan respectively.

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