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Shijiazhuang Yiling Pharma Raises Offering Price of ChiNext IPO

publication date: Jul 19, 2011
Shijiazhuang Yiling Pharmaceutical now expects to raise as much as 2.25 billion RMB ($348 million) in its ChiNext IPO. The latest offering price was increased by about one-third to 34.56 yuan, reflecting investor demand. Yiling, which plans to place 65 million shares, is primarily known as a TCM and nutraceutical company, though it has biological medicines in its portfolio and offers CRO services as well. More details....

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