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Xiangxue Completes ChiNext IPO

publication date: Dec 15, 2010
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Xiangxue Pharmaceutical, a TCM drug company based in Guangzhou, completed its IPO on the ChiNext exchange today, raising 1 billion RMB. The company issued 31 million shares at 33.99 yuan per share, a price-earnings ratio of 83. The company’s stock rose an additional 18% to 40.13 in post-IPO trading. More details...

Stock Symbol: (SZEX: 300147)



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