AstraZeneca China President Under Investigation; China Operations Continue Under Current General Manager
Portfolio Pulse from Benzinga Newsdesk
AstraZeneca's China President, Leon Wang, is under investigation, but the company's operations in China will continue under the current General Manager.
October 30, 2024 | 1:04 pm
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AstraZeneca's China President, Leon Wang, is under investigation. Despite this, the company's operations in China will continue under the current General Manager.
The investigation of a high-ranking executive could raise concerns about AstraZeneca's governance and operations in China. However, the company's decision to continue operations under the current General Manager suggests stability, mitigating potential negative impacts on the stock price.
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