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Chuangxin Industries Holdings Limited ( (HK:2788) ) has shared an update.
Chuangxin Industries Holdings Limited announced the completion of the stabilization period for its recent global share offering, which ended on 19 December 2025, the 30th day after the close of applications under the Hong Kong public offering. During this period, stabilizing manager China International Capital Corporation Hong Kong Securities Limited conducted over-allocations of 75 million offer shares in the international tranche—equivalent to about 15% of the shares initially available—and fully exercised the over-allotment option on 2 December 2025 to purchase the same number of shares at HK$10.99 each. The full exercise of the over-allotment option facilitated the return of 75 million borrowed shares to Bloomsbury Holding Limited, signaling that post-listing price-support measures have concluded and the stock will now trade without stabilization support, a key milestone for investors assessing market-driven price discovery and liquidity in the counter.
More about Chuangxin Industries Holdings Limited
Chuangxin Industries Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 02788. Details of its specific industry, principal products or services, and market focus are not disclosed in this announcement and are instead set out in its prospectus for the recent global offering of shares.
Average Trading Volume: 20,600,072
Learn more about 2788 stock on TipRanks’ Stock Analysis page.