Wuxi Lead Says Stabilization Ends After J.P. Morgan Buys 15.75M H Shares

Reuters03-08 19:46
Wuxi Lead Says Stabilization Ends After J.P. Morgan Buys 15.75M H Shares

J.P. Morgan Securities (Asia Pacific), acting as stabilizing manager, over-allocated 16,148,700 H shares in the international offering and bought 15,748,700 H shares in the market at prices ranging from HK$38.30 to HK$45.80, with the last purchase on March 5 at HK$40.66. The overall coordinators also partially exercised the over-allotment option for 400,000 H shares at HK$45.80, and the remaining over-allotment option lapsed at the end of the stabilization period on March 8.

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. Wuxi Lead Intelligent Equipment 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-20260308-12044914), on March 08, 2026, and is solely responsible for the information contained therein.

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