A Chinese health care stock? Healthcare is a secular growth theme that she really, really likes. She focuses on larger companies for diversification and balance sheet quality. A very diversified group selling generics as well as Chinese traditional medicines (TCMs). They also manufacture and sell devices. Around 70% of China’s drug spending is actually TCMs. The stock is very inexpensive trading at around 17X earnings.
Shanghai Fosun Pharmaceutical Group is a OTC stock, trading under the symbol 2196-HK on the (). It is usually referred to as or 2196-HK
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In the last year 0 stock analysts on Stockchase covered Shanghai Fosun Pharmaceutical Group. The stock is worth watching.
On , Shanghai Fosun Pharmaceutical Group (2196-HK) stock closed at a price of $.