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home / news releases / CSPHF - Stock Disconnect Triggers Investor Exodus From CStone Pharma

CSPHF - Stock Disconnect Triggers Investor Exodus From CStone Pharma

CStone Pharmaceuticals - Ordinary Shares

2024-03-14 05:50:00 ET

Summary

  • CEO Jason Yang has increased his CStone stake multiple times over the past 18 months to 4.79% of outstanding shares, signaling confidence in the company.
  • The drug developer slimmed down its operations last year and licensed out several products, switching its focus to R&D and widening the approved uses for existing medicines.
  • Investors will be watching closely to see if the leaner model can pay dividends in the future.

The share price fell nearly 40% in a week after the drug's company was dropped from a scheme allowing mainland investors to trade Hong Kong-listed stocks ...

For further details see:

Stock Disconnect Triggers Investor Exodus From CStone Pharma
Stock Information
Company Name: CStone Pharmaceuticals - Ordinary Shares
Stock Symbol: CSPHF
Market: OTC
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