HK Stock Market Move | HENGDELI (03389) resumed trading and rose over 11%, receiving a premium of 12% from Junya for a voluntary all-cash offer.

HENGDELI (03389) rose more than 11% after resuming trading. As of press time, it has risen by 11.2% to 0.139 Hong Kong dollars with a turnover of 4.7976 million Hong Kong dollars. On the news front, on November 28, HENGDELI and the offeror Junya Limited jointly announced that Guotai Junan Securities and Min Yi Securities will represent the offeror to make a voluntary full cash offer, at a offer price of 0.14 Hong Kong dollars per share to acquire all the issued shares of the company (excluding the shares beneficially owned by the offeror and Ms. Feng Jiaqiao). The offer is an unconditional offer. The company has applied to the Stock Exchange for the resumption of trading of the shares from 9:00 a.m. on Monday, December 1, 2025. As of the date of the joint announcement, the company had issued shares of 4.44 billion shares, of which 2.29 billion shares will be subject to the offer, and there are no issued treasury shares. The offer price of 0.14 Hong Kong dollars per share represents a premium of approximately 12% over the closing price of 0.125 Hong Kong dollars on November 25, 2025. The announcement stated that the offer reflects Mr. Zhang Yonglin's long-term commitment to the company's development and success. By increasing his shareholding, Mr. Zhang Yonglin hopes to further strengthen his role in guiding the company's strategic direction and align his interests with other shareholders. The offer also reflects his family's continued support and confidence in the company.