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China A-share Innovative Drug Concept Stocks Retreat; Baicheng Pharma Plunges Over 15%

China A-share innovative drug concept stocks swung lower on Thursday, with Baicheng Pharma plunging more than 15%. Guilin Sanjin briefly hit the daily limit-down, while Asymchem, CSPC Jingfeng, Liuzhou Pharmaceutical and Allist Pharmaceuticals also declined. The pullback follows a volatile session for the sector, though no specific catalyst was cited in the market move.

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