Chuangxin Industries Ends Stabilization Period After Global Offering

Reuters12-19
Chuangxin Industries Ends Stabilization Period After Global Offering

China International Capital Corporation Hong Kong Securities Limited, acting as Stabilizing Manager, conducted stabilization actions in connection with a recent Global Offering, which included over-allocating 75,000,000 Offer Shares in the International Offering. These shares, representing approximately 15% of the total number of shares initially available, were covered by shares borrowed under a Stock Borrowing Agreement. The stabilization period has concluded.

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