CSSC (Hong Kong) Shipping Completes HK$2.34 Billion Convertible Bond Issue

Reuters01-28

CSSC (Hong Kong) Shipping Completes HK$2.34 Billion Convertible Bond Issue

CSSC (Hong Kong) Shipping Co. Ltd. has announced the completion of its issue of HK$2,338,000,000 0.75 per cent. guaranteed convertible bonds due 2031 under a general mandate. The company confirmed that all conditions precedent under the subscription agreement have been fulfilled, and the bonds were issued on 28 January 2026. The bonds will be convertible into approximately 978,242,677 shares at an initial conversion price of HK$2.39 per share. The listing and permission to deal in the bonds on the Hong Kong Stock Exchange are expected to become effective on 29 January 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CSSC (Hong Kong) Shipping Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260128-12003921), on January 28, 2026, and is solely responsible for the information contained therein.

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.

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Ltd. has announced the completion of its issue of HK$2,338,000,000 0.75 per cent. guaranteed convertible bonds due 2031 under a general mandate. The company confirmed that all conditions precedent under the subscription agreement have been fulfilled, and the bonds were issued on 28 January 2026. The bonds will be convertible into approximately 978,242,677 shares at an initial conversion price of HK$2.39 per share. The listing and permission to deal in the bonds on the Hong Kong Stock Exchange are expected to become effective on 29 January 2026.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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