China is unloading its biggest ever foreign acquisition | Fortune

“ChemChina, a state-owned enterprise, has filed for an IPO of Syngenta, the world’s largest producer of agricultural chemicals, which it bought for $43 billion in 2017 (a deal that Fortune chronicled in detail). It remains China’s biggest foreign acquisition. Now the IPO could be one of China’s biggest.”

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Hengrui Medicine sets up clinical research and development in Basel | BaselArea

“The Chinese life sciences company Hengrui Medicine is establishing a Swiss subsidiary in Basel. The European hub for clinical research and development will help the company to advance its innovative drugs, including cancer treatments.”

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Wise Road Capital completed the acquisition of Huba Control from Siemens | MergerLinks

“Wise Road Capital, a private equity firm, completed the acquisition of Huba Control, company focused on high-end core component manufacturing, from Siemens, a German multinational conglomerate company. Financial terms were not disclosed. Through its investments, Wise Road Capital is striving to build a healthy international eco-system, leveraging its international management team which combines strong industry experience and investment knowledge.”

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COVID-19: genetic network analysis provides ‘snapshot’ of pandemic origins | University of Cambridge

“Researchers from Cambridge, UK, and Germany have reconstructed the early “evolutionary paths” of COVID-19 in humans – as infection spread from Wuhan out to Europe and North America – using genetic network techniques.

By analysing the first 160 complete virus genomes to be sequenced from human patients, the scientists have mapped some of the original spread of the new coronavirus through its mutations, which creates different viral lineages.”

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After the sale to China, the old GC no longer exists | NZZ

“After 17 years of unsuccessful searches, Grasshopper Fussball AG has found new donors. Hong Kong’s Champion Union HK Holdings Limited takes over the majority of the shares – and immediately changes the management. GC now has a survival perspective, but faces a future that is one thing above all: unknown.”

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Traditional football club GC is sold to China |

“After a long search, the owners of the Grasshoppers football club found a buyer: the wife of Fosun owner Guo Guangchang took over the majority of the withering club from Zurich. She buys a club that is on the ground.


Hong Kong-based Jenny Wang’s Champion Union takes over 90 percent of the shares owned by Stüber and Anliker. Wang is the wife of Guo Guangchang, whose Fosun Group already owns the English association Wolverhampton Wanderers.”

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Waiting for the ‘yes’ from China | Tages-Anzeiger

“The Grasshoppers are about to be sold to the Chinese investment company Fosun – they can use it to secure their future. But is that really a good deal?”

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Federal Parliament’s position: Switzerland’s China strategy urgently needs to be clarified and unified | Swissinfo

“On November 5th, the Federal Chamber of the Swiss Parliament passed a petition to the government to establish a concerted policy on China. The issue was passed in the National House in March this year – which means that the issue of redefining China’s policy was put on the table of the Federal Council.”

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