Sunshine Lake Pharma’s shares fell in their trading debut in Hong Kong, as the city’s buzz over first-day trading took a breather while the stock market sought fresh directions from mainland China’s macroeconomic statistics and trade talks. Known also as Guangdong Dongyangguang Pharmaceutical, Sunshine was the first stock to commence trading by introduction on the…
Swiss stocks dropped as the market reopened after a holiday, on worries about the impact from US President Donald Trump’s punitive 39% export tariff and a push for drugmakers to lower prices. The Swiss Market Index fell as much as 1.9% Monday, although it pared declines to 0.88% as of 10:15 a.m. in Zurich on…
Hong Kong police have thanked a dispensary chain for its “understanding and cooperation” after the firm publicly accused officers of mistakenly raiding its Tsim Sha Tsui branch during a citywide anti-triad operation and disturbing its customers. On Thursday, the force responded to a public statement by Lung Fung Pharmaceutical Group issued a day earlier, which…