Hepalink Shenzhen debut confirms Goldman result
The debut of Shenzhen Hepalink Pharmaceutical Co, Ltd. on the Shenzhen Stock Exchange on May 6th confirmed the expected result for investor Goldman Sachs, which reaped a 235x result on its $4.9 million 2007 investment.
Goldman is subject to a 12-month lock-up on its 12.5% stake. Shares in Hepalink jumped 18.4% on its first trading day on Shenzhen's ChiNext board. The company priced its 40.1 million shares, 10% of its...
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