Chongqing Sokon Industry Group Stock (09927): Stable price action, end of stable price period, and cancellation of oversubscribed rights issue.

date
19:48 30/11/2025
avatar
GMT Eight
Celsius (09927) announced that the stable price period for the global offering has ended on November 30, 2025 (the 30th day after the deadline for submitting the Hong Kong public offering application).
Chongqing Sokon Industry Group Stock (09927) announced that the stabilizing period for the global offering has ended on November 30, 2025 (the 30th day after the deadline for submitting the Hong Kong public offering application). During the stabilizing period, the stabilizing manager China International Financial Hong Kong Securities Limited, its affiliated companies, or any person acting on its behalf took the following stabilizing actions: (1) a total of 16.2928 million H shares were oversubscribed in the international offering, equivalent to approximately 15.0% of the total number of shares available for subscription under the global offering (after taking into account the partial exercise of the overallotment option but before the exercise of the oversubscription right); (2) during the stabilizing period, a total of 16.2928 million H shares were continuously purchased on the market, at prices ranging from HK$109.60 to HK$131.50 per H share. On November 28, 2025, the stabilizing manager, its affiliated companies, or any person acting on its behalf made their final purchase on the market at a price of HK$116.30 per H share. In addition, the overall coordinator (representing the international underwriters) did not exercise the oversubscription right during the stabilizing period, and the oversubscription right expired on November 30, 2025.