Sino Biopharmaceutical will have a weighting of 1.44 per cent on the Hang Seng China Enterprises Index. Photo: Shutterstock
Sino Biopharmaceutical added to Hong Kong index of Chinese stocks amid Beijing’s biotechnology push
- China Resources Gas also added as companies replace China Railway and China National Building Material on index
- Index compiler makes no changes to 50 constituent stocks of benchmark Hang Seng Index
Topic |
Hang Seng Index
Sino Biopharmaceutical will have a weighting of 1.44 per cent on the Hang Seng China Enterprises Index. Photo: Shutterstock
A self picture of Eric Tse with Rihanna. Photo: Instagram @erictse0816
Sino Biopharmaceutical founders’ son, who parties and takes selfies with Rihanna, gets US$3.8 billion gift in the drugmaker’s shares
- The founder of Sino Biopharmaceutical and his wife have granted 2.7 billion shares of their company, equivalent to US$3.8 billion, to their son Eric Tse as a gift
- The grant makes Tse, 24, one of the wealthiest individuals in Asia
Topic |
Wealth management
A self picture of Eric Tse with Rihanna. Photo: Instagram @erictse0816