HK Stock Market Move | ST Holdings (08305) surged by over 14%, with a cumulative increase of more than 1.2 times in the past week. It completed the issuance of 110 million shares to the directors for capitalization.

ST HLDGS (08305) surged more than 14%, with a cumulative increase of over 1.2 times in the past week. As of press time, it rose by 12.99%, reaching HK$0.435, with a trading volume of HK$9.982 million. On the news front, recently, ST HLDGS announced that all the conditions precedent set out in the capitalization agreement have been fulfilled, and the capitalization has been completed on November 27, 2025, in accordance with the terms and conditions of the capitalization agreement. A total of 110 million capitalization shares have been allotted and issued at a price of HK$0.285 per capitalization share to Mr. Xiang Xin, a director, representing approximately 6.78% of the enlarged issued share capital of the Company. As the subscription price of HK$31.35 million will be offset by an equivalent outstanding amount on a one-to-one basis, no income will be generated from the debt capitalization.