HK Stock Market Move | GLOBAL NEW MAT (06616) rose by more than 3% recently and is planning to issue a convertible bond of 1 billion Hong Kong dollars. The synergistic effects of integrating SUSONITY are starting to show.

GLOBAL NEW MAT(06616) rose more than 3%, as of press time, it rose 2.69%, closing at 10.29 Hong Kong dollars, with a turnover of 57.9122 million Hong Kong dollars. On the news front, on December 16, 2025, GLOBAL NEW MAT announced the implementation of differential pricing adjustments and plans to issue 1 billion Hong Kong dollars of convertible bonds. Sinolink pointed out that based on the daily business management and value management needs, the company has recently implemented differential commercial pricing adjustments in some product categories and segmented application areas in stages to further optimize business structure, enhance operational quality, and value creation capabilities. The company plans to issue a total principal amount of 1 billion Hong Kong dollars of convertible bonds with a coupon rate of 4.25%, maturing on January 4, 2027, with a preliminary conversion price of 10.19 Hong Kong dollars, representing a premium of approximately 7.49% over the previous trading day's closing price. The bank continued to point out that this differential pricing adjustment will be implemented in stages by the three major business platforms of Seven Colors Pearl, SUSONITY, and CQV, aiming to adapt to market trends and strengthen core competitiveness. The adjustment range varies between 3-30%, and is not a uniform model, but based on product characteristics, technological content, application scenarios, and customer types, to optimize dynamically in a refined and phased manner. The core goal is to better match product value with market demand, focus on high value-added businesses, and is expected to gradually show results in the future.