Hillhouse-backed electrical products maker Bull Group raises $511m in Shanghai IPO

Hillhouse-backed electrical products maker Bull Group raises $511m in Shanghai IPO

Hillhouse Capital-backed civil electrical products manufacturer Bull Group Co., Ltd made its trading debut in Shanghai on Thursday after raising 3.6 billion yuan ($511 million) in its initial public offering (IPO) on the bourse, per a filing with Shanghai Stock Exchange. 

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