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Benzinga
Benzinga
World
The Bamboo Works

Yan Palace Flocks To Shanghai As China's First Bird's Nest Stock

Key Takeaways:

  • Yan Palace has filed for a Shanghai IPO that would make it the first listed maker of health food products based on traditional bird nests
  • China’s securities regulator asked the company to elaborate on its business model and competitive strategies, as fierce competition has led to steep price cuts
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