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There is Tongjitang Chinese Medicines ADR (NYSE: TCM). But it depends
heavily on a single medicine, XLGB, its barrenwort treatment for
osteoporosis.
Since the U.S. doesn't understand traditional Chinese medicines very well,
the stock has done poorly. And because of that, there is a current buyout
offer for the company by its chairman and Hong Kong conglomerate Fosun
Industrial, at $4.50 a share. |
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