Appraiser puts $113 million price tag on steel company's intangibles; but will investors buy Chinese IP valuations?

Appraiser puts $113 million price tag on steel company's intangibles; but will investors buy Chinese IP valuations?

Last week Sutor Technology Group announced that an independent valuation of the intellectual property owned by it and its subsidiaries had arrived at a figure of Rmb700 million (approximately US$113 million). The Chinese steel manufacturer and…

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