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Zhifei Biological completes RMB1.4bn IPO on Shenzhen Exchange
Chinese vaccines company Chongqing Zhifei Biological Products Co. Ltd. (Zhifei) has completed a 40mm-share IPO priced at RMB37.98 ($5.71), netting RMB1.43bn ($215mm). The company listed on the Shenzhen Exchange's Growth Enterprise Market (GEM) index.
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