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China Cord Blood Files Initial Public Offering

Chinese umbilical cord blood bank, China Cord Blood Corp. hopes to raise $15 million in an initial public offering, according to a filing with the Securities and Exchange Commission last week.

China Cord Blood Corp. has not yet listed how many shares it is offering. It expects to be listed under the “CCBB” symbol on the Nasdaq.The company said it is the sole cord-blood banking licensee in Beijing and Guangdong.

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