Healthcare Firm's Share Price Stabilization Period Concludes with Market Purchases

Stock News
Aug 03

TONGRENTANGCARE (02667) has announced that the price stabilization period related to its global offering concluded on Saturday, August 1, 2026, which is the 30th day after the deadline for Hong Kong public offering applications.

The stabilization agent, China International Capital Corporation Hong Kong Securities Limited, along with its affiliates or any parties acting on their behalf, implemented several stabilization measures during this period.

These actions included an overallotment of 5.4075 million H-shares in the international offering, accounting for approximately 5.0% of the total initially available offer shares under the global offering before the exercise of the over-allotment option.

Additionally, a total of 5.4075 million H-shares were continuously purchased in the market during the stabilization period, at prices ranging from HKD 2.69 to HKD 4.76 per share.

The sole global coordinator, acting on its own behalf and on behalf of the international underwriters, did not exercise the over-allotment option during the stabilization period. Consequently, the over-allotment option lapsed on Saturday, August 1, 2026.

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