Weird 

Shanghai Pharma's HK shares set for worst day in 10 months on discounted share sale

** Hong Kong-listed shares of Shanghai Pharmaceuticals Holding Co Ltd fall as much as 7.4% to HK$16.40, their lowest since April 19. ** Stock on course for the worst session since July 16, 2020. ** Dual-listed Shanghai Pharmaceuticals plans sale of 14.4 bln yuan A-shares to Shanghai Tandong Enterprise Consulting Services Co and Yunnan Baiyao Group Co. , raising proceeds to repay debt and for working capital. ** Co plans sale of an aggregate 852.6 mln A shares at 16.87 yuan apiece, versus Tuesda
Shanghai Pharma's HK shares set for worst day in 10 months on discounted share sale

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment2

  • Top
  • Latest
  • JuniorCool
    ·2021-05-12
    Co
    Reply
    Report
  • Harimau888
    ·2021-05-12
    ?
    Reply
    Report