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The latest update is out from Guoxia Technology Co., Ltd. Class H ( (HK:2655) ).
Guoxia Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China with limited liability and listed in Hong Kong as Class H shares under stock code 2655. Details on its specific industry, core products or services, and market focus were not provided in this announcement.
The company announced that the over-allotment option in its recent global offering has been fully exercised, resulting in the issuance of 5,839,600 additional H shares, equivalent to about 15% of the initial offer size, at an offer price of HK$20.10 per share to meet delayed delivery commitments in the international tranche. The stabilization period for the global offering has ended, indicating that price-stabilizing activities around the IPO have concluded, which typically signals a transition to fully market-driven trading and reflects solid demand that allowed full exercise of the over-allotment option.
More about Guoxia Technology Co., Ltd. Class H
Average Trading Volume: 1,006,844
For detailed information about 2655 stock, go to TipRanks’ Stock Analysis page.