Huaqin Issues 8.78 Million H Shares via Over-Allotment Option, Expanding Free Float by 15%
Bulletin Express
May 26
Huaqin Co., Ltd. disclosed that on 26 May 2026 it issued and allotted 8.78 million H shares following the full exercise of the over-allotment option linked to its recent listing. The new shares were priced at HKD 77.70 each, implying gross proceeds of approximately HKD 682.38 million.
Prior to the transaction, Huaqin had 58.55 million H shares in issue. The additional shares increased the company’s issued H-share capital by 15.00%, raising the outstanding total to 67.33 million shares as of 26 May 2026.
No treasury share movements, share repurchases, or redemptions were reported in the filing. The board confirmed that the issuance complied with all applicable listing rules and regulatory requirements.
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