Lens Technology (06613): Fully exercise the over-allotment option, take price stabilization action, and end the price stabilization period.

03/08/2025

LanSi Technology (06613) announced that the oversubscription option as described in the prospectus for new shares has expired on August 3, 2025 (...).

Lens Technology (06613) announced that the oversubscription option as described in the prospectus has been fully exercised by the overall coordinator (on behalf of itself and the international underwriters) on August 3, 2025 (Sunday), involving a total of 39,338,400 H shares, representing approximately 15.0% of the total number of shares available for subscription under the global offering (before any exercise of oversubscription option). The oversubscribed shares will be allocated and issued by the company at a price of HK$18.18 per H share. The oversubscribed shares will be used to expedite the delivery of a portion of the H shares to subscribers who have consented to a delayed delivery under the global offering. In accordance with Section 9(2) of the Securities and Futures (Stabilizing Price) Rules under Chapter 571W of the Hong Kong laws, the company further announces that the stabilizing price period for the global offering will end on August 3, 2025 (Sunday) (30 days after the deadline for submission of the Hong Kong public offering application).

HK Stock Market Move | EASY SMART GP (02442) surged more than 36% again, with the stock price doubling in the past three trading days. The company announced the appointment of a new executive director.

Citi (U.S.) has appointed three new senior executives in the Asia-Pacific region to further expand its investment banking and capital markets business.

HK Stock Market Move | CHINA TOWER (00788) rose nearly 3% in the afternoon, with a year-on-year increase of 8% in net profit in the first half of the year. The interim dividend is 0.1325 yuan.

Citi (U.S.) has appointed three new senior executives in the Asia-Pacific region to further expand its investment banking and capital markets business.

HK Stock Market Move | CHINA TOWER (00788) rose nearly 3% in the afternoon, with a year-on-year increase of 8% in net profit in the first half of the year. The interim dividend is 0.1325 yuan.