Fosun Pharma Ups Tongjitang Chinese Medicines Company Stake to 24%

ChinaBio Today -- Shanghai Fosun Pharmaceutical (Group) Co. now owns 24% of Tongjitang Chinese Medicines (?????). The large China pharmaceutical company has been steadily buying shares since October of 2008. Just like a firefighter – who runs into buildings while everyone else is running away from them – Fosun finds Tongjitang attractive while other investors shun the stock.
MORE ON THIS TOPIC