China Hongqiao has announced an adjustment to the conversion price for its 2025 convertible bonds.
In accordance with the terms and conditions of the 2025 convertible bonds, the conversion price will be revised due to the company's declaration of a dividend.
The conversion price will be lowered from HK$19.36 per share to HK$18.44 per share.
China Hongqiao (01378)
This adjustment is scheduled to take effect from June 3, 2026, which is the business day immediately following the record date of June 2, 2026 associated with the dividend distribution.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments