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WuXi AppTec Shares Plummet After 0 Million Bond Sale

WuXi AppTec Shares Plummet After $500 Million Bond Sale

WuXi AppTec Co. faced its worst day in seven months as shares dropped sharply. This downturn followed the company's announcement of a $500 million convertible bond offering, coinciding with a notable shift in risk appetite for Chinese stocks. Investors reacted negatively, reflecting growing concerns in the market.

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