XUNZHONG (02597) Shareholding Value Reaches HK$108 Million as Shareholder Deposits 2.6895 Million Shares with Zhongzhou International Securities

Stock News11-02

According to the latest data from the Hong Kong Stock Exchange, XUNZHONG (02597) experienced a position change on October 30, with the total depository market value reaching HK$108 million, accounting for 7.86% of the total.

The company's shareholder deposited 2.6895 million shares with Zhongzhou International Securities, increasing their shareholding ratio by 5.95%.

XUNZHONG announced that all conditions under the placing agreement have been fulfilled, and the completion took place on October 30, 2026.

A total of 3.55 million placing shares, representing approximately 2.60% of the total number of issued shares (excluding treasury shares) as enlarged by the allotment and issue of the placing shares immediately following completion, have been successfully placed to no fewer than six placees at the placing price of HK$29.00 per placing share pursuant to the terms and conditions set out in the placing agreement.

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

We need your insight to fill this gap
Leave a comment