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Sino Biopharmaceutical to divest 67% stake in unit CP Qingdao for $253 million

Hong Kong-listed Sino Biopharmaceutical will sell a 67% stake in unit CP Pharmaceutical for 1.82 billion yuan to entities controlled by state-owned Guoxin Group, the company said late on. ....

Hong Kong , Himanshi Akhand , Subhranshu Sahu , Hong Kong Stock Exchange , Guoxin Group , Sino Biopharmaceutical , Hong Kong Stock ,

Sino Biopharmaceutical to sell 67% stake in CP Qingdao for $253m

Hong Kong-listed Sino Biopharmaceutical will sell a 67% stake in unit CP Pharmaceutical (Qingdao) for 1.82 billion yuan ($253.28 million). ....

Hong Kong , Guoxin Group , Hong Kong Stock Exchange , Sino Biopharmaceutical , Hong Kong Stock ,