Guangzhou Xiao Noodles Catering Management (HKG:2408) said the stabilization period of its initial public offering ended on Thursday, Jan. 1, according to a same day filing with the Hong Kong bourse.
A total of 4.9 million H shares were over-allocated in the international portion of the offering which were purchased from the open market at a price of HK$5 and HK$5.30 per H share, the firm said.
The IPO's overallotment option was not exercised.
The number of shares held by public after the end of the stabilization period met Hong Kong's listing requirements, the firm said.
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