Dahuanong Completes ChiNext IPO

Guangdong Dahuanong Animal Health Products Co. (DHN), a veterinary products company with a bird flu vaccine, completed its IPO on the ChiNext exchange. DHN placed 67 million shares at a price of 22 RMB, raised 1.5 billion RMB ($228.4 million). The pricing reflected a price/earnings ratio of 51. The company's shares rose a modest 2% in the aftermarket to close at 22.41 RMB per share. More details.... Stock Symbol: (SHE: 300186)     Share this with colleagues:   var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});