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Chinese biotech research firm ShangPharma (SHP +18.3%) pops after announcing a $10M stock...
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Friday, August 12, 2011, 11:02 AM ETChinese biotech research firm ShangPharma (SHP +18.3%) pops after announcing a $10M stock repurchase program. In addition, founder and CEO Michael Xin Hui intends to purchase up to $1M worth of its shares through a personal, family-owned company.
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