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BRIEF-Shanghai Fosun Pharmaceutical Group to provide $800 mln loan guarantee for HK unit
July 29, 2016 / 1:31 AM / a year ago

BRIEF-Shanghai Fosun Pharmaceutical Group to provide $800 mln loan guarantee for HK unit

July 29 (Reuters) - Shanghai Fosun Pharmaceutical Group Co Ltd :

* Says the co plans to provide loan guarantee of up to $800 million for a wholly owned subsidiary, which is engaged in investment, medical products sales and consulting service, based in Hong Kong

* Says loan guarantee is with a term of up to one year

Source text in Chinese:goo.gl/MY6yA9

Further company coverage: (Beijing Headline News)

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