Gushengtang steps up TCM buying spree, doubling down in Beijing
The healthcare company has announced five acquisitions in the past two weeks to shore up growth and fend off competition in the traditional Chinese medicine market Key Takeaways: Gushengtang is…
Chinese medicine firm seeks elusive elixir of IPO success
The healthcare services arm of the Tong Ren Tang group enjoys a high-profile TCM brand, but its profit margins lag far behind industry peers Key Takeaways: Tong Ren Tang Healthcare…
Tong Ren Tang Healthcare IPO banks on famous name, growth through M&A
With a history of more than 300 years, the medical facility unit of one of China’s oldest and best-known pharmacy operators has applied to list in Hong Kong Key Takeaways:…
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