By Doug Young & Rene Vanguestaine

China’s GDP grew 4.5% in the first quarter, rebounding from 2.9% growth the previous quarter. And Hong Kong rolls out the welcome mat for tech startups with the launch of new rules allowing money-losing high-growth companies to list on the stock exchange’s main board.

About China Inc

China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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The pharmaceutical company’s profits have been buffeted by erratic returns on an equity stake in a fellow developer of innovative drugs Key Takeaways: Simcere Pharmaceutical holds a 9% stake in…