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Top Dividend Stocks In Hong Kong For February 2024

As we enter February 2024, the Hong Kong market has shown resilience, with investors navigating through economic headwinds and finding pockets of growth amidst global uncertainty. ....

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Other Barks and Bites for Friday, December 1: Senators Discuss AI and Intellectual Property; EU Report Finds 86 Million Fake Items Were Detained Last Year; USPTO Releases New China IP Rights Toolkit

This week in Other Barks and Bites: Senate AI Insight Forum meets to discuss the ramifications of AI technology on intellectual property rights; Chinese President Xi Jinping orders stronger IP protections for foreign companies operating in China; and more. ....

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Guangzhou Pharmaceutical eyes public listing of subsidiaries

At least five subsidiaries affiliated with the Guangzhou Pharmaceutical Holdings Limited, a company to enter the Fortune Global 500 with traditional Chinese medicine as its major business, will go public listings within the five years, according to a senior company officer. ....

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Shanghai Fosun Pharmaceutical's H-Shares Surge to All-Time High

Provided by
Dow Jones
By Clarence Leong
Shanghai Fosun Pharmaceutical (Group) Co. s Hong Kong-listed shares soared as much as 20% on Monday, touching an all-time high of HK$59.45.
The surge mirrored its A-shares, which jumped 10% on both Wednesday and Friday, following its first-quarter results.
The company s first-quarter operating income advanced 37% from a year earlier to 8.06 billion yuan ($1.24 billion), while net profit rose 47% to CNY847.2 million, thanks to growth in drug sales, as well as a low-base effect as the company was hit by the Covid-19 pandemic last year.
Its A-shares last traded at CNY60.24, outperforming its peers with a 51% gain for the month of April. In contrast, Jiangsu Hengrui Medicine Co. s share price fell 8.7% last month, while Guangzhou Baiyunshan Pharmaceutical Holdings Co. rose 10%. The mainland China market was closed Monday for a holiday. ....

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