---
title: "Buy back InnoCare Pharma and increase holdings in Allist, European-China Fund's Gran: The innovative drug industry chain is expected to continue driving industry growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/255286439.md"
description: "Graham, the investment director of China Europe Fund, disclosed in the 2025 semi-annual report that he increased his holdings in Zai Lab Limited, InnoCare Pharma, Allist, and established positions in Angellist, Sihuan Pharmaceutical, and Diligent Pharma for the first time. Graham pointed out that the pharmaceutical industry will maintain growth in the second half of 2025 relying on innovative breakthroughs and a recovery in consumption. Although there are risks from global economic fluctuations and trade frictions, policy support and industrial innovation will provide support"
datetime: "2025-08-30T04:55:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/255286439.md)
  - [en](https://longbridge.com/en/news/255286439.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/255286439.md)
---

# Buy back InnoCare Pharma and increase holdings in Allist, European-China Fund's Gran: The innovative drug industry chain is expected to continue driving industry growth

On August 30th, the three public funds managed by Ge Lan disclosed their semi-annual reports for 2025, revealing their hidden heavy holdings. Specifically, both the China Europe Medical Health and China Europe Medical Innovation funds significantly increased their holdings in Zai Lab Limited - U, while also newly investing in InnoCare Pharma - U and Allist. Additionally, Angli Kang, Shuyou Shen, and Di Zhe Pharmaceutical - U made their first appearance in the holdings of the two medical-themed funds. China Europe Mingrui New Starting Point purchased multiple bank stocks, including Bank of Ningbo, Agricultural Bank of China, Qingdao Bank, and China Construction Bank

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