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Hong Kong stock market assisted reproduction concept stocks performed stronglyfruitmegaways, Beikang Medical's share price climbed nearly 6%, Jinxin ReproductivefruitmegawaysThe increase exceeded 7%. Behind this rally, Shanghai will implement an important policy on June 1 to include 12 assisted reproductive technology projects in the scope of medical insurance payments.
In order to promote the active birth policy, the Shanghai City government, in conjunction with the human resources and social protection, and health departments, issued a notice that plans to include 12 assisted reproductive technology services, including egg retrieval, sperm retrieval, artificial insemination, etc., into the reimbursement scope of medical insurance and work-injury insurance. The policy will be officially implemented from June 1, 2024 and is expected to reduce the medical burden of insured persons by approximately 900 million yuan every year.
According to incomplete statistics, including Shanghai, Beijing, Guangxi, Inner Mongolia, Gansu, Jiangxi and other regions have successively included assisted reproduction projects in the medical insurance reimbursement system.
