On June 11, China International Capital Corporation (CICC) fell 3.14% in regular trading, trading at HK$18.52 per share, with trading volume of HK$84.76 million.

The decline follows the June 8 shareholder meeting where CICC's plan to absorb Dongxing Securities and Cinda Securities via share swap was approved, but with notable opposition. CICC's merger-related proposals received approximately 10.71% opposition votes overall, with minority shareholders (below 5% stake) opposing at 13.29%. Cinda Securities saw 46.83% opposition among small shareholders, reflecting deep concerns over valuation fairness and dilution impact.

The merger will expand CICC's share capital from 4.8 billion to approximately 7.9 billion shares through issuance of around 3.1 billion new A-shares. Market participants continue to digest EPS and ROE dilution expectations, while up to RMB 8.1 billion in cash option obligations to dissenting shareholders add financial pressure. The transaction still requires CSRC regulatory approval before final implementation, with integration-period uncertainties remaining a key overhang.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)