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Shenzhen-listed traditional medicine makers ride high on endorsement by public face of China’s fight against coronavirus



a man cutting a cake: A traditional Chinese medicine pharmacy in Weinan City, in China’s northwest Shaanxi Province. The overall industry has stalled, with only 17 out of 68 TCM makers recording year-on-year growth in revenue in the first half of 2020. Photo: Xinhua


A traditional Chinese medicine pharmacy in Weinan City, in China’s northwest Shaanxi Province. The overall industry has stalled, with only 17 out of 68 TCM makers recording year-on-year growth in revenue in the first half of 2020. Photo: Xinhua

Two Shenzhen-listed makers of traditional Chinese medicine (TCM), Shijiazhuang Yiling Pharmaceutical and Tianjin Chase Sun Pharmaceutical, have reaped stunning gains this year, riding on endorsements by the public face of China’s successful fight against the coronavirus pandemic.

Yiling reported a 57 per cent jump in net profit to 714 million yuan (US$106 million) for the first half of 2020, while its stock price surged by as much as 245 per cent between January and mid April, hitting its highest level since it went public in 2011. Chase Sun recorded 2.8 billion yuan in revenue for the first half, a 22 per cent increase compared with the same period last year.

Their fortunes came even as growth in the overall TCM industry stalled, with only 17 out of 68 TCM makers listed in China recording year-on-year growth in revenue in the first half of 2020, according to companies’ earnings reports.

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Behind Yiling and Chase Sun’s success is their close association with Zhong Nanshan, a top mainland Chinese medical expert famous for leading the country’s coronavirus containment efforts. A pulmonologist who has also studied in the UK, Zhong is a supporter of TCM and has frequently recommended the use of traditional remedies for treating coronavirus patients.

Yiling was founded in 1992 by TCM practitioner Wu Yiling, who is famous for developing a concoction of leech, whole scorpion, centipede, soil beetle and cicada slough used to treat cardiovascular diseases.



Zhong Nanshan wearing a suit and tie: A pulmonologist who has also studied in the UK, Zhong Nanshan is a supporter of TCM. Photo: Handout


© Provided by South China Morning Post
A pulmonologist who has also studied in the UK, Zhong Nanshan is a supporter of TCM. Photo: Handout

Both Wu and Zhong are academicians at the Chinese Academy of Engineering, the highest academic title conferred by Beijing to engineers and scientists, and have collaborated since at least 2015, when Wu invited Zhong to join a 460 million yuan research lab set up for academicians by his company. In 2016, they co-founded a research centre to tackle lung diseases using TCM in the southern city of Guangzhou.

While his collaboration with Yiling is focused on research, Zhong’s association with Chase Sun has more to do with business. In April 2012, a Guangzhou-based medical foundation led by Zhong invested 3.5 million yuan in a pharmaceutical company along with Chase Sun, which invested 5 million, according to Tianyancha, a public database of business records.

Zhong has since sat on the board of the company along with Yao Xiaoqing, Chase Sun’s chairman. Founded in 1996, Chase Sun transferred a controlling stake in 2019 to the State-owned Assets Supervision and Administration Commission of Chengdu, and has become a state-owned company affiliated with the city in Southwest China.

Zhong, Yiling and Chase Sun did not reply

Trump’s hospital ride criticized as irresponsible; could be released today

Oct. 5 (UPI) — President Donald Trump could be discharged from the hospital as soon as Monday, as criticism mounts over his brief ride outside to greet supporters.Trump made a surprise excursion Sunday evening outside Walter Reed Army Medical Center in Bethesda, Md., where was admitted Friday for treatment of COVID-19. He wore a cloth mask while sitting in the back seat of an SUV and waved at cheering supporters around the hospital. At least two people were seen in the car with him.

Doctors criticized the trip as careless and said it flagrantly flouted precautions designed to contain the coronavirus.

“Every single person in the vehicle during that completely unnecessary presidential ‘drive-by’ just now has to be quarantined for 14 days. They might get sick. They may die. For political theater,” Walter Reed attending physician Dr. James Phillips, who is also a doctor of emergency medicine at George Washington University, tweeted.

“Commanded by Trump to put their lives at risk for theater. This is insanity.”

“That presidential SUV is not only bulletproof, but hermetically sealed against chemical attack,” he wrote in another post. “The risk of COVID-19 transmission inside is as high as it gets outside of medical procedures. The irresponsibility is astounding.”

The Washington Post reported that current and former Secret Service officials criticized the drive, as well as Trump aides.

Trump announced his diagnosis early Friday and he was flown the hospital later that evening aboard Marine One. White House physician Dr. Sean Conley told reporters Sunday Trump has shown improvement.

The White House dismissed concerns about Trump’s motorcade drive outside the hospital, saying it had been cleared by medical staff.

“Appropriate precautions were taken in the execution of this movement to protect the president and all those supporting it, including PPE,” spokesman Judd Deere said. “The movement was cleared by the medical team as safe to do.”

Doctors said Sunday the president could be moved back to the White House as early as Monday. But Conley acknowledged the president’s oxygen levels had dropped twice since Friday and that he’d been treated with the powerful steroid dexamethasone, which is recommended only for COVID-19 patients who need oxygen, including those on ventilators.

Administering the drug risks a systemic inflammatory response that can lead to lung injury and multisystem organ dysfunction, the National Institutes of Health warns.

Trump also received two doses of the antiviral drug remdesivir that was authorized for emergency use in May for treating hospitalized patients with the coronavirus.

Some experts have voiced concern about a premature release.

“For someone sick enough to have required remdesivir and dexamethasone, I can’t think of a situation in which a patient would be okay to leave on day three, even with the White House’s medical capacity,” University of California, San Francisco professor Robert Wachter told The Washington Post.

Doctors say COVID-19 patients remain especially vulnerable to complications for as many as 10 days after their first symptoms — and sometimes deteriorate suddenly. Trump’s age and weight place him

Trump takes a brief car ride, ignoring own COVID infection

BETHESDA, Md. (AP) — Infected and contagious, President Donald Trump briefly ventured out in a motorcade on Sunday to salute cheering supporters, a move that disregarded precautions meant to contain the deadly virus that has forced his hospitalization and killed more than 209,000 Americans.

Hours earlier, Trump’s medical team reported that his blood oxygen level dropped suddenly twice in recent days and that they gave him a steroid typically only recommended for the very sick. Still, the doctors said Trump’s health is improving and that he could be discharged as early as Monday.

With one month until Election Day, Trump was eager to project strength despite his illness. The still-infectious president surprised supporters who had gathered outside Walter Reed National Military Medical Center, driving by in a black SUV with the windows rolled up. Secret Service agents inside the vehicle could be seen in masks and other protective gear.

The move capped a weekend of contradictions that fueled confusion about Trump’s health, which has imperiled the leadership of the U.S. government and upended the final stages of the presidential campaign. While Trump’s physician offered a rosy prognosis on his condition, his briefings lacked basic information, including the findings of lung scans, or were quickly muddled by more serious assessments of the president’s health by other officials.

In a short video released by the White House on Sunday, Trump insisted he understood the gravity of the moment. But his actions moments later, by leaving the hospital and sitting inside the SUV with others, suggested otherwise.

“This is insanity,” Dr. James P. Phillips, an attending physician at Walter Reed who is a critic of Trump and his handling of the pandemic. “Every single person in the vehicle during that completely unnecessary presidential ‘drive-by’ just now has to be quarantined for 14 days. They might get sick. They may die.”


“For political theater,” the doctor added. “Commanded by Trump to put their lives at risk for theater.”

White House spokesman Judd Deere said Trump’s trip outside the hospital “was cleared by the medical team as safe to do.” He added that precautions were taken, including using personal protective equipment, to protect Trump as well as White House officials and Secret Service agents.

Joe Biden’s campaign, meanwhile, said the Democratic presidential nominee again tested negative for coronavirus Sunday. The results come five days after Biden spent more than 90 minutes on the debate stage with Trump. Biden, who has taken a far more cautious approach to in-person events, had two negative tests on Friday.

For his part, Trump still faces questions about his health.

His doctors sidestepped questions on Sunday about exactly when Trump’s blood oxygen dropped — an episode they neglected to mention in multiple statements the day before — or whether lung scans showed any damage.

It was the second straight day of obfuscation from a White House already suffering from a credibility crisis. And it raised more doubts about whether the doctors treating the president were sharing accurate, timely information with

Trump Takes a Brief Car Ride, Ignoring Own COVID Infection | Political News

By JILL COLVIN, STEVE PEOPLES and ZEKE MILLER, Associated Press

BETHESDA, Md. (AP) — Infected and contagious, President Donald Trump briefly ventured out in a motorcade on Sunday to salute cheering supporters, a move that disregarded precautions meant to contain the deadly virus that has forced his hospitalization and killed more than 209,000 Americans.

Hours earlier, Trump’s medical team reported that his blood oxygen level dropped suddenly twice in recent days and that they gave him a steroid typically only recommended for the very sick. Still, the doctors said Trump’s health is improving and that he could be discharged as early as Monday.

With one month until Election Day, Trump was eager to project strength despite his illness. The still-infectious president surprised supporters who had gathered outside Walter Reed National Military Medical Center, driving by in a black SUV with the windows rolled up. Secret Service agents inside the vehicle could be seen in masks and other protective gear.

The move capped a weekend of contradictions that fueled confusion about Trump’s health, which has imperiled the leadership of the U.S. government and upended the final stages of the presidential campaign. While Trump’s physician offered a rosy prognosis on his condition, his briefings lacked basic information, including the findings of lung scans, or were quickly muddled by more serious assessments of the president’s health by other officials.

In a short video released by the White House on Sunday, Trump insisted he understood the gravity of the moment. But his actions moments later, by leaving the hospital and sitting inside the SUV with others, suggested otherwise.

“This is insanity,” Dr. James P. Phillips, an attending physician at Walter Reed who is a critic of Trump and his handling of the pandemic. “Every single person in the vehicle during that completely unnecessary presidential ‘drive-by’ just now has to be quarantined for 14 days. They might get sick. They may die.”

“For political theater,” the doctor added. “Commanded by Trump to put their lives at risk for theater.”

White House spokesman Judd Deere said Trump’s trip outside the hospital “was cleared by the medical team as safe to do.” He added that precautions were taken, including using personal protective equipment, to protect Trump as well as White House officials and Secret Service agents.

Joe Biden’s campaign, meanwhile, said the Democratic presidential nominee again tested negative for coronavirus Sunday. The results come five days after Biden spent more than 90 minutes on the debate stage with Trump. Biden, who has taken a far more cautious approach to in-person events, had two negative tests on Friday.

For his part, Trump still faces questions about his health.

His doctors sidestepped questions on Sunday about exactly when Trump’s blood oxygen dropped — an episode they neglected to mention in multiple statements the day before — or whether lung scans showed any damage.

It was the second straight day of obfuscation from a White House already suffering from a credibility crisis. And it raised more doubts about whether the