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Thursday, May 29, 2008

CYXN: Up Over 50% Since 5/19

Since we introduced China Yongxin Pharmaceuticals Inc. (OTCBB: CYXN) back on the 19th the stock has run up over 50% and now trades in the $1.30 range (1 month chart to right).

Here's a
great read on why China's Pharma industry is such a compelling investment opportunity today.

From the article:

“China’s pharmaceutical market value will reach $120 billion by 2020. The country will become the world’s second largest pharmaceutical market after the United States,” predicts Biao Chen, general manager of Sinopharma Group, a leading domestic pharmaceutical companies in China."

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