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Banking & Finance

Job portal a Nasdaq hit

Shanghai-based job portal and publisher 51job Inc debuted on the Nasdaq with a strong opening share price of US$22.05, selling 5.25 million American depositary receipts (ADRs) to raise US$73.5 million, well up on the US$57.75-68.25 million it originally targeted. Its launch price was originally set at US$14.

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