China Kanghui Holdings, the #2 China-based manufacturer and marketer of orthopedic implants, raised $68 million by offering 6,675,000 shares at $10.25, the midpoint of its range of $9.25 to $11.25. The stock is expected to open for trading today on the NYSE under the symbol KH. Morgan Stanley and Piper Jaffray acted as lead managers on the deal.