Shanghai Longcheer Stabilization Ends After HK$29.70–HK$31.00 Share Purchases

Reuters02-23 16:51

<a href="https://laohu8.com/S/603341">Shanghai Longcheer</a> Stabilization Ends After HK$29.70–HK$31.00 Share Purchases

Citigroup Global Markets Asia, acting as stabilizing manager for Shanghai Longcheer Technology’s global offering, over-allocated 7,838,800 H shares and later bought the same number in the market at prices between HK$29.70 and HK$31.00, with the last purchase on Feb. 5 at HK$30.00. The over-allotment option was not exercised and lapsed on Feb. 18, with no shares issued under it.

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. Shanghai Longcheer Technology 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-20260223-12027642), on February 23, 2026, and is solely responsible for the information contained therein.

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