China Literature Limited (00800): The final offering price is set at 27.10 Hong Kong dollars per share.

date
22:28 04/11/2025
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GMT Eight
Wan Yuan Zhi Xing-W (00800) announced that the final offer price (offer price) for the international offering and Hong Kong public offering has...
China Evergrande Group (00800) announced that the final offer price (offer price) for the international placement and Hong Kong public offering has been set at HK$27.10 per share. The company considered various factors when determining the offer price, including the closing price of the American Depositary Shares on Nasdaq on November 3, 2025 (the last trading day before the date of this announcement). Subject to approval from the Stock Exchange of Hong Kong, Class A ordinary shares are expected to commence trading on the Main Board of the Stock Exchange of Hong Kong on November 6, 2025, with the stock code "00800". The total proceeds from the global offering (before deduction of underwriting fees and offering expenses) are expected to be approximately HK$2.392 billion (assuming the over-allotment option is not exercised). In addition, the company has granted the international underwriters an over-allotment option, which allows the lead manager on behalf of the international underwriters to exercise within a maximum of 30 days from the day after the deadline for submission of the application for the Hong Kong public offering, requesting the company to issue an additional 13.2375 million shares of offer shares at the offer price under the international offering (i.e. not exceeding 15% of the total number of offer shares available for subscription under the global offering) to supplement any oversubscription in the international offering.