The First Cornerstone Investor &Nbsp; Soros, 50 Million US Dollars, Fiercely Attacked Four Ring Pharmaceuticals.

Related market participants told the first financial daily, cardiovascular and cerebrovascular drug manufacturers 00460.HK will conduct an investor roadshow in October 12th, a public offering in October 15th and a listing in October 28th. The sponsors are UBS and Morgan Stanley.

It intends to raise $700 million at most, and the price range is HK $3.88 to HK $4.6, corresponding to PE 22~26 times.

These people also revealed that international financial predators

Celebrity effect

According to reports, a total of six cornerstone investors stake in the Fourth Ring medicine.

In addition to Soros, the chairman of Alibaba (01688.HK) Ma Yun and Yunfeng, founded by Yu Feng, the founder of mass media, are responsible for the management of Yale University's high profile capital management in China, as well as China life overseas, Jiayin international and Huili fund.

A total of six cornerstone investors invested 200 million US dollars, accounting for 25% of the total number of new shares issued by the Fourth Ring pharmaceutical company.

Market participants pointed out that Soros shares in the Fourth Ring Road medicine, the stock will be sought after.

In November last year, Soros had subscribed to Longhu real estate (00960.HK) and Minsheng Bank (01988.HK) HK $200 million and US $100 million through international placement.

Under the "celebrity effect", Longhu real estate and Minsheng Bank have done well in offering and listing, and have created a new generation of mainland real estate female richest man Wu Yajun.

This year, Alibaba chief executive Wei Zhe disclosed that Soros became one of the three largest shareholders of the company's circulation shares, and the company's share price was immediately fired up.

The Fourth Ring medical company, which is headquartered in Hainan, is the largest manufacturer of cardiovascular and cerebrovascular drugs in China. The product mix mainly includes 14 kinds of cardiovascular and cerebrovascular drugs and 30 other drugs, aiming at cardiovascular, cerebrovascular, anti infection, metabolism, cancer and central nervous system.

The Fourth Ring pharmaceutical distribution network covers 1 hospitals in 31 provinces and autonomous regions.

The total revenue of tetracyclic medicine last year was 700 million yuan, more than four percent from 2008.

Since 2007, tetracycline has occupied the largest market share in the mainland, with a market share of 7% in 2009, ahead of the same type of international pharmaceutical manufacturer Pfizer.

Hot money inflows

Soros once again entered the market after a year. Hong Kong stocks have exceeded 23000 points, approaching the high level in the past year, and the turnover has also broken the record of HK $100 billion.

Ren Zhigang, the former president of the Hongkong monetary authority and the executive vice president of the China Finance Association, recently warned Hongkong citizens that the market liquidity is now overflowing and that the international financial system is in a chaotic situation.

He appealed to small investors not to join in speculation.

Chen Yuqiang, manager of Huali asset management fund, said that it is a consensus that hot money enters Hongkong to form asset bubbles. The key is when the bubble will burst.

Looking back at Soros's speech at University of Hong Kong in February this year, he pointed out whether there was an asset bubble response in the Asia Pacific region: "seeing bubbles, I will buy them first and participate rationally."

When the bubbles mature, I will sell or stir fry. "

Is Soros seeing the bubble when he enters the market? I'm afraid he will still avoid it with "I'm retired."