在流感疫情的催化下，市场普遍预期，相关企业的第三季度乃至下半年业绩有望超越此前保守的预测。 这种基本面预期的改善，成为了本轮板块上涨的底层逻辑。资金敏锐地捕捉到这一变化，开始大规模布 局估值尚处低位的医药商业板块，推动板块整体估值修复。 在此轮上涨中，板块内部分化明显，具备更强供应链能力、更广网络覆盖或独特商业模式的企业更受资 金青睐。近两日，板块内龙头个股表现活跃，大参林、益丰药房等零售龙头以及京东健康、药师帮等互 联网医药个股，均值得重点关注。 近日，A股与港股市场的医药零售及流通板块表现强劲，资金流入迹象显著。有观点认为，驱动此轮上 涨的核心动力，来自于远超往年同期的秋季流感活跃度，以及由此引发的市场对医药商业业绩弹性的强 烈预期。 据国家流感中心及多家公共卫生机构数据显示，11月2日，北方省份流感病例占急诊总数比例升至 5.1%，创2025年2月2日当周以来新高；南方省份流感占急诊比例升至4.6%，创2025年6月1日当周以来 最高。这表明，近期的流感活动水平已显著高于去年同期，且呈现快速上升态势。这一公共卫生情况直 接拉动了市场对感冒、发热、抗病毒等相关药品的需求预期。医药商业板块作为连接药品生产与 ...

Core Insights - The release of the "Consensus on Health Management of Common Minor Illnesses (2025 Edition)" aims to define and manage common minor illnesses, enhancing the capabilities of healthcare workers, pharmacies, and patients in China [1][3] - The consensus is a significant step towards achieving the goals outlined in the "Healthy China 2030" initiative, promoting a preventive health approach and improving public health literacy [3][4] Group 1: Industry Impact - The consensus provides insights and motivation for the development of the health industry, unlocking market potential and guiding enterprises towards innovation [4] - The management of common minor illnesses is crucial for individual and family health, as well as for the broader healthcare system [5] Group 2: Consumer Insights - A national consumer survey indicated a strong desire among Chinese consumers to manage common minor illnesses at home, but there is a significant lack of confidence in their ability to do so [5] - The company is committed to enhancing health literacy and empowering consumers to manage their health effectively, contributing to the high-quality development of the health industry in China [5][8] Group 3: Company Initiatives - The company has over 135 years of experience in the consumer health sector, focusing on providing science-based products to protect the health of approximately 1.2 billion consumers globally [7] - The company collaborates with various stakeholders to improve health literacy among Chinese consumers, supporting education in areas such as children's fever, oral health, and allergy management [8]