GALAXIS TECH (02729): End of stable price period, excess rights issue become invalid.

12:08 20/04/2026

Kaiser Technology (02729) announced that the stable price period for the global offering ended on April 18, 2026 (Saturday) (the 30th day after the deadline for submitting the Hong Kong public offering application).

Galaxis Tech (02729) announced that the stable price period for the global offering ended on April 18, 2026 (Saturday) (i.e. 30 days after the deadline for submitting applications for public offering in Hong Kong). The sponsor and overall coordinator (on behalf of itself and the international underwriters) have confirmed that there was no oversubscription of shares under the international offering. As a result, the oversubscription rights were not exercised, and they expired on April 18, 2026 (Saturday). The company has been informed by the stabilizing price operator that no stabilizing actions were taken during the stable price period by the stabilizing price operator or anyone acting on its behalf.

HK Stock Market Move | Coal stocks lead the decline. Coal production and imports remained at high levels in March. Institutions predict a significant decrease in imports in April.

HK Stock Market Move | Cloud computing concept stocks are on the rise, and Google's significant conference Cloud Next will be held this week. The market is focused on AI + cloud infrastructure.

Shenzhou Yino's 4.08 billion AI computing power platform project has been accepted, providing full-cycle service to support the computing power economy in the Yangtze River Delta region.

HK Stock Market Move | Coal stocks lead the decline. Coal production and imports remained at high levels in March. Institutions predict a significant decrease in imports in April.

HK Stock Market Move | Cloud computing concept stocks are on the rise, and Google's significant conference Cloud Next will be held this week. The market is focused on AI + cloud infrastructure.

Shenzhou Yino's 4.08 billion AI computing power platform project has been accepted, providing full-cycle service to support the computing power economy in the Yangtze River Delta region.