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Shanghai Fosun Pharmaceutical Announces EGM Results and Voting Abstentions

Story Highlights
  • Shanghai Fosun Pharmaceutical focuses on pharmaceutical research, development, and distribution.
  • Key stakeholders abstained from voting on resolutions due to material interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai Fosun Pharmaceutical Announces EGM Results and Voting Abstentions

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The latest update is out from Shanghai Fosun Pharmaceutical (Group) Co ( (HK:2196) ).

Shanghai Fosun Pharmaceutical announced the results of its 2025 first extraordinary general meeting, where several resolutions were voted on. Key stakeholders, including directors and major shareholders, abstained from voting on resolutions related to the A Share Option Scheme, H Share RSU Scheme, and other agreements due to their material interests, ensuring compliance with governance practices.

The most recent analyst rating on (HK:2196) stock is a Sell with a HK$26.50 price target. To see the full list of analyst forecasts on Shanghai Fosun Pharmaceutical (Group) Co stock, see the HK:2196 Stock Forecast page.

More about Shanghai Fosun Pharmaceutical (Group) Co

Shanghai Fosun Pharmaceutical (Group) Co., Ltd. is a joint stock company incorporated in China, focusing on the pharmaceutical industry. It is involved in the research, development, manufacturing, and distribution of pharmaceutical products, with a significant presence in both domestic and international markets.

Average Trading Volume: 10,784,167

Technical Sentiment Signal: Buy

Current Market Cap: HK$81B

Find detailed analytics on 2196 stock on TipRanks’ Stock Analysis page.

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