Shares in China TCM, however, rose just 2% last year. The stock is trading at 9 times forward earnings, well below the industry median of 20, according to Refinitiv data.
Customs should prioritise inspection procedures for carriers handling COVID-19 vaccine exports and make it convenient to clear shipments, China's transport ministry said in a guideline about COVID-19 vaccine logistics.
Drug Regulatory Authority of Pakistan approved use of the vaccine for emergency across Pakistan.
The decision was taken in meetings held between January 14 and 18 after reviewing vaccine results data submitted by the National Institute of Health (NIH).
Minister says the government is trying to make the vaccine available in the country from more than one sources
At the moment there are two anti-coronavirus vaccines authorised for emergency use while phase III clinical trials of the third vaccine by CanSino will be completed by the first week of February: Umar
But China now plans a gradual rollout for the vaccine starting with key groups considered to have a high risk of exposure to the virus, including port and logistic workers and people planning to return to studies abroad.