The pharmaceutical sector declined, and Cathay Innovation Drug ETF Easy Fund (159316) and Biotech ETF Easy Fund (159837) saw counter-trend capital inflows

As of the market close, the CSI 300 Healthcare Index fell by 3.5%. The Hang Seng Hong Kong Stock Connect Innovative Drug Index and the CSI Hong Kong Stock Connect Healthcare and Medicine Composite Index both declined by 4.0%. The CSI Biotech Theme Index dropped by 4.4%, and the CSI Innovative Drug Industry Index decreased by 4.6%. Among related ETFs, the Hong Kong Stock Connect Innovative Drug ETF, E Fund (159316, Connect A/C: 024328/024329), and the Biotechnology ETF, E Fund (159837, Connect A/C: 019324/019325), respectively received net subscriptions of 15 million and 31 million shares today.

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