According to the latest information from the Hong Kong Stock Exchange, on January 29, a shareholder of China Hanking (03788) deposited shares with The Hongkong and Shanghai Banking Corporation Limited, with a custodial market value of HK$799 million, representing a 7.96% stake. China Hanking announced that all conditions precedent under the subscription agreement had been fulfilled, and the subscription was completed on January 29, 2026, in accordance with the agreement's terms. A total of 43.96 million subscription shares were successfully allotted and issued to the subscribers at a price of HK$3.80 per share, under the terms of the subscription agreement. Specifically, 10.26 million subscription shares were allotted and issued to Zijin Global Fund (Subscriber 1); 7.9 million subscription shares were allotted and issued to Luyin (Subscriber 2); 5.3 million subscription shares were allotted and issued to Oriental Gold (Subscriber 3); and 20.5 million subscription shares were allotted and issued to Manna Lake (Subscriber 4). All conditions under the placing agreement have been satisfied, and the placing was completed on January 29, 2026, according to the agreement's terms. A total of 162 million placing shares were successfully placed by the placing agent with no fewer than six placees at a placing price of HK$3.80 per share, under the terms of the placing agreement.
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