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Hotgen Biotech Plans Up to 100-Million-Yuan Share Buyback

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Beijing Hotgen Biotech (SHA:688068) plans to repurchase between 50 million yuan and 100 million yuan of its shares via centralized bidding.

The shares will be bought back for up to 166 yuan per share during the three-month buyback period, according to a Tuesday filing with the Shanghai bourse.

Shares of the biotechnology company were down 2% in recent trade.

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