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Li Li, founder and chairman of Shenzhen Hepalink Pharmaceutical Co. |
Shares of Hepalink, the world's biggest maker of blood-thinning heparin products, fell 8.34 percent to close at 132.22 yuan on Wednesday. Since its stock market debut on May 6, share prices jumped from a record initial public offering price of 148 yuan in the first two days, but began to plunge on the third trade day Monday.
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The plunge has prompted the couple to lose the title of the mainland's richest to Wang Chuanfu, chairman of electric car manufacturer BYD, China's richest person in 2009 with a fortune of 39.6 billion yuan, according to the 2009 Forbes China Rich List.