QUANTGROUP (02685) Partially Exercises Over-Allotment Option, Stabilization Actions Concluded

Stock News2025-12-24

QUANTGROUP (02685) announced that the overall coordinator partially exercised the over-allotment option as described in the prospectus on Wednesday, December 24, 2025. This involved a total of 1.75 million shares, representing approximately 13.11% of the initial shares offered under the global offering before any over-allotment option was exercised. The over-allotment shares will be issued and allotted by the company at HK$9.80 per share. These shares will be used to facilitate the return of 1.75 million borrowed shares to Mars Legend Limited under the share borrowing agreement, which were utilized to cover over-allotments in the international offering.

In accordance with Section 9(2) of the Securities and Futures (Price Stabilization) Rules (Chapter 571W of Hong Kong Law), the company declared that the stabilization period for the global offering concluded on Wednesday, December 24, 2025—the 30th day after the deadline for submitting applications under the Hong Kong public offering.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1185669902?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-24 22:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1185669902","market":"sh","top_or_hot":-1,"title":"QUANTGROUP (02685) Partially Exercises Over-Allotment Option, Stabilization Actions Concluded","media":"Stock News","content":"<p>QUANTGROUP (02685) announced that the overall coordinator partially exercised the over-allotment option as described in the prospectus on Wednesday, December 24, 2025. This involved a total of 1.75 million shares, representing approximately 13.11% of the initial shares offered under the global offering before any over-allotment option was exercised. The over-allotment shares will be issued and allotted by the company at HK$9.80 per share. These shares will be used to facilitate the return of 1.75 million borrowed shares to Mars Legend Limited under the share borrowing agreement, which were utilized to cover over-allotments in the international offering.</p>\n<p>In accordance with Section 9(2) of the Securities and Futures (Price Stabilization) Rules (Chapter 571W of Hong Kong Law), the company declared that the stabilization period for the global offering concluded on Wednesday, December 24, 2025—the 30th day after the deadline for submitting applications under the Hong Kong public offering.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>QUANTGROUP (02685) Partially Exercises Over-Allotment Option, Stabilization Actions Concluded</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQUANTGROUP (02685) Partially Exercises Over-Allotment Option, Stabilization Actions Concluded\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-12-24 22:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>QUANTGROUP (02685) announced that the overall coordinator partially exercised the over-allotment option as described in the prospectus on Wednesday, December 24, 2025. This involved a total of 1.75 million shares, representing approximately 13.11% of the initial shares offered under the global offering before any over-allotment option was exercised. The over-allotment shares will be issued and allotted by the company at HK$9.80 per share. These shares will be used to facilitate the return of 1.75 million borrowed shares to Mars Legend Limited under the share borrowing agreement, which were utilized to cover over-allotments in the international offering.</p>\n<p>In accordance with Section 9(2) of the Securities and Futures (Price Stabilization) Rules (Chapter 571W of Hong Kong Law), the company declared that the stabilization period for the global offering concluded on Wednesday, December 24, 2025—the 30th day after the deadline for submitting applications under the Hong Kong public offering.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1249","symbol_name":"综合零售","start_time":0,"source_url":"","article_id":"1185669902","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185669902","pubTimestamp":1766588175,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"QUANTGROUP (02685) announced that the overall coordinator partially exercised the over-allotment option as described in the prospectus on Wednesday, December 24, 2025. This involved a total of 1.75...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1249":"综合零售","02685":"量化派"},"translate_title":"QUANTGROUP(02685)部分行使超额配股权，稳定价格行动结束","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02685":1},"content_text":"QUANTGROUP (02685) announced that the overall coordinator partially exercised the over-allotment option as described in the prospectus on Wednesday, December 24, 2025. This involved a total of 1.75 million shares, representing approximately 13.11% of the initial shares offered under the global offering before any over-allotment option was exercised. The over-allotment shares will be issued and allotted by the company at HK$9.80 per share. These shares will be used to facilitate the return of 1.75 million borrowed shares to Mars Legend Limited under the share borrowing agreement, which were utilized to cover over-allotments in the international offering.\nIn accordance with Section 9(2) of the Securities and Futures (Price Stabilization) Rules (Chapter 571W of Hong Kong Law), the company declared that the stabilization period for the global offering concluded on Wednesday, December 24, 2025—the 30th day after the deadline for submitting applications under the Hong Kong public offering.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1185669902","isCrawlerRequest":true}