Once Again, Fosun Pharma Plans Hong Kong IPO

February 8, 2012 -- Shanghai Fosun Pharma's on-again/off-again Hong Kong IPO is apparently now scheduled to take place early this year. According to an unnamed insider, the company has filed its listing application with the Hong Kong exchange. Fosun hopes to raise between $600 million and $800 million by floating up to a 20% stake in the company. More details....

Stock Symbol: (SHA: 600196)

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