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Huilü Ecology to invest 309 million yuan in optical modules

Original: China's Huilü Ecology to invest 309 million yuan in optical modules; Huadong Medicine's weight-loss drug clears Phase III

Chinese firm Huilü Ecology says it will invest 309 million yuan in optical modules, a move into the communications hardware sector. Separately, Huadong Medicine announced that its weight-loss drug has cleared Phase III clinical trials, bringing it a step closer to regulatory approval in China's fast-growing obesity treatment market.

Why now: Investor interest in China's optical module sector and weight-loss drug race is driving attention to both corporate announcements.

Huilü EcologyHuadong MedicineChina

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