CIG Shanghai's H-share stabilization period concludes with full over-allotment
CIG Shanghai announced the conclusion of the stabilization period for its H-share global offering on November 22, 2025. The company's H-shares began trading on the Hong Kong Stock Exchange (HKEX) on October 28, 2025.
During the stabilization period, the stabilization manager successfully over-allotted 10,051,500 H-shares in the international offering, representing approximately 15% of the initial offer shares. On November 10, 2025, the over-allotment option was fully exercised at HK$68.88 per H-share, bringing the total number of H-shares issued to 77,062,000.
Following the completion of the global offering and the full exercise of the over-allotment option, the public's H-share holdings now account for approximately 22.33% of the company's total issued share capital. This exceeds the HKEX Listing Rules' minimum public float requirement of 10.00% for H-shares, ensuring the company's continued compliance with regulatory standards.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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