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Speculation but check this out

HK-listed Sinopharm plans $524 mln share sale to expand distribution network

CONTRIBUTOR
Donny Kwok Reuters
PUBLISHED
JAN 16, 2020 8:19PM EST

CREDIT: REUTERS/BOBBY YIP
China's pharmaceutical products distributor Sinopharm Group Co Ltd said on Friday it plans to issue HK$4.07 billion ($523.66 million) worth of H shares to raise capital for the expansion of its distribution and retail network.

HONG KONG, Jan 17 (Reuters) - China's pharmaceutical products distributor Sinopharm Group Co Ltd 1099.HK said on Friday it plans to issue HK$4.07 billion ($523.66 million) worth of H shares to raise capital for the expansion of its distribution and retail network.
Sinopharm said it plans to sell up to 149 million new H shares, representing 4.8% of the total issue share capital on completion of the deal, to not less than six third-party investors.
The shares will be sold at HK$27.30 per share, representing a 7.3% discount to Thursday's close.
None of the individual investors will become a substantial shareholder on completion of the deal, the company said.

Only 3 hours ago
Sinopharm valued at 227 billion dollars

Jat has a JV with them JATPHARM. You do the maths