Wow not a good day for investors
Shanghai Pharma's HK shares set for worst day in 10 months on discounted share sale
** Hong Kong-listed shares of Shanghai Pharmaceuticals Holding Co Ltd fall as much as 7.4% to HK$16.40, their lowest since April 19. ** Stock on course for the worst session since July 16, 2020. ** Dual-listed Shanghai Pharmaceuticals plans sale of 14.4 bln yuan A-shares to Shanghai Tandong Enterprise Consulting Services Co and Yunnan Baiyao Group Co. , raising proceeds to repay debt and for working capital. ** Co plans sale of an aggregate 852.6 mln A shares at 16.87 yuan apiece, versus Tuesda
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