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As the world's second largest economy, China's biotechnology industry is also rising as domestic companies have expanded into almost all sectors of biomedicine.
As the HSCEI adjusted its member list on March 5, 2018, the valuation system of this index was strongly adjusted. This adjustment added 11 new members to the index. Some of them have extremely high valuations. For instance, Tencent was trading at 14.7 P/B ratio and Zhong An Online was trading at 12.9 P/B ratio on that particular day. This adjustment of index constituents abruptly increased the P/B ratio of the HSCEI by 0.23.
As the world's important consumer and importer of sugar, China listed sugar futures on ZCE in January 2006, helping sugar-related enterprises hedge the price risk.
As the newly confirmed infection cases continue to decline on the Chinese mainland outside of Hubei province, the central government at several top-level meetings has stressed the importance of resuming business operations and industrial production, especially in less affected regions, while ensuring efforts to contain the spread of the disease.
As the pandemic has slowed his career progression, Zhao has thought about ways to overcome the obstacles.
