China Resources Pharmaceutical Group Limited is looking for an Initial Public Offering. The group has submitted has submitted an application for listing on the main board of the stock exchange of Hong Kong on June 27, 2016. The co-sponsors include Merrill Lynch & Co.

Inc., Banking Investment, CCB International (China) Co., Ltd., China Internet Café Holdings Group, Inc. (OTCPK:CICC) and The Goldman Sachs Group, Inc. (NYSE:GS). China Resources Pharmaceutical was said to raise at least $1 billion via the IPO and initially planned to list by October 2016.