The heart of the US imperialists will not die, and they will go down again and again.
Message came out this morning:The U.S. Senate version of the "Biosecurity Act" hearing was still passed, and it was overwhelmingly passed by 11:1 votes!
Although there have been expectations and declines before, WuXi AppTec still directly fell to the limit (Hong Kong stocks fell by 20%), dragging down the entire pharmaceutical sector and indirectly dragging down the entire A-shares.
This can be regarded as the "Huawei moment" in the biomedical industry!
This time, again, under the pretext of "security".
Back then, Huawei's communications equipment was slaughtered all over the world, and then suppressed by the United States; When Huawei's mobile phones entered Western countries, they were also ruthlessly suppressed.
Now, the same is true for the CXO industry.
WuXi AppTec provides drug development and manufacturing services to thousands of customers in the U.S. and around the world, helping to bring innovative drugs to market as soon as possible.
As of the first half of 2023, WuXi AppTec's clinical pipeline has accounted for 16% of the global small molecule pipeline entering clinical trials.
Also in the first half of 2023, WuXi AppTec participated in the production of 7 of the 15 small molecule drugs approved by the FDA (Food and Drug Administration).
In 2022, WuXi AppTec participated in the production of 5 of the top 10 drugs in the world by sales value.
It's the same every time:As long as Chinese companies are emerging and competitive in high-end industries, the Americans will have to find ways to suppress ......
Everyone thinks back, and I can't count how many times this is the first time to go down, and how many industries have been suppressed......
From the communication technology of Huawei and ZTE, to the "double reversal" of photovoltaics, to the chip blockade in recent years, to the medical suppression, to the recent various restrictions, intimidation, and even rumors for new energy vehicles (Raimondo's remarks a few days ago), all kinds of means are used to try to suppress and contain us through various means!
This struggle is destined to be an endless rhythm!
If we want China to develop, we have to enter high-end industries;
However, these high-end industries are regarded by the Americans as their "forbidden area", desperately suppressing China, trying to limit China to low-end industries and treating them as wage earners and coolies!
The overseas market is **, and the company can only come back to "roll" the domestic market.
What are the consequences of this?
Take Huawei phones as an example.
In recent years, many people have complained that Huawei's mobile phones are too expensive.
It's really expensive, there's no way, the cost is much higher.
The typical one is the chip.
If you buy Qualcomm's chips directly, it is indeed much cheaper.
But there is no way, Huawei has to develop its own and solve the production problem by itself, which requires a lot of investment, talent, resources, and time costs.
Then the chips produced, such as the Kirin 9000S for the Mate60, have a much lower yield rate than Qualcomm chips (a lot of scrap will be generated during the production process).
These are all additional costs.
And then these costs, in the end, are reflected in the high level of Huawei mobile phones.
That is to say,In the end, the suppression of the Americans is paid by domestic consumers and the general public......
This is still Huawei, beaten and survived.
What if I don't survive?
That is equivalent to the loss of hundreds of thousands of high-paying jobs in China all of a sudden, and then the upstream and downstream industrial chains may lose millions of jobs!
If there are fewer job opportunities, the number of workers will be more involved, and then a vicious circle will ......
This situation is something that no one wants to see, so,can only fight with them: if we don't let our industry upgrade, then we can only rely on ourselves and achieve industrial upgrading by self-reliance!
Finally, let's talk about the current market.
I have said a truth many times before, the market is first repaired by a wave of emotion, and then it is time to return to rationality.
At present, the sentiment has been released, and the market has begun to return to rationality, so the adjustment is inevitable, and the market needs time to digest the previous profits.