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The latest announcement is out from SICC Co.,Ltd. Class H ( (HK:2631) ).
SICC Co., Ltd. announced the full exercise of the Over-allotment Option, resulting in the issuance of an additional 7,161,800 H Shares at HK$42.80 per share. This move, representing 15% of the total Offer Shares initially available, aims to facilitate the delivery of shares to placees with delayed delivery agreements. The stabilization period for the Global Offering has concluded, with stabilizing actions undertaken by China International Capital Corporation Hong Kong Securities Limited.
More about SICC Co.,Ltd. Class H
SICC Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the advanced technology sector. The company is involved in the issuance of H Shares and is listed on the Hong Kong Stock Exchange under the stock code 2631.
Average Trading Volume: 5,238,279
Current Market Cap: HK$42.59B
For a thorough assessment of 2631 stock, go to TipRanks’ Stock Analysis page.