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China New Enterprise Invests Additional $25 Million in Shanghai Fudan-Zhangjiang



11/8/2013 8:37:53 AM

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by Richard Daverman, PhD

November 7, 2013 -- China New Enterprise Investment, a growth capital firm, will invest $25.4 million to buy additional shares in Shanghai Fudan-Zhangjiang Bio-Pharmaceutical. CNEI is said to have invested $20 million SFZJ earlier this year and owned 14% of the company’s Hong Kong-listed and domestic shares before the latest investment. SFZJ is an innovative drug company that listed on the Hong Kong Growth Enterprise Market in 2002. More details....

Stock Symbol: (HK: 8231)

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