Yuyantang Seeks Hong Kong IPO Amid Policy Backing For Traditional Chinese Medicine
The company has filed for a Hong Kong IPO, thriving on China’s growing silver economy and a steady stream of government policies supporting traditional Chinese medicine image credit: Bamboo Works Key
A Chinese medicine company wants to sell shares on Hong Kong's stock market because the government is backing traditional Chinese medicine and older people are buying more health products. When a company goes public, it means more people can own a piece of it, and it shows the company thinks people believe in its business.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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