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China Traditional Chinese Medicine Moves Toward Privatization

China Traditional Chinese Medicine Moves Toward Privatization

China Traditional Chinese Medicine Holdings Co (HK:0570) has released an update.

Confident Investing Starts Here:

China Traditional Chinese Medicine Holdings Co. Limited is moving forward with its plan to privatize through a scheme of arrangement led by Sinopharm Common Wealth Company Limited. Recent updates confirm that anti-monopoly approvals have been secured and the company is working on obtaining additional necessary regulatory approvals from Chinese authorities.

For further insights into HK:0570 stock, check out TipRanks’ Stock Analysis page.

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