CHIFENG GOLD H shares were listed and traded on the main board of the Hong Kong Stock Exchange on March 10

Zhitong
2025.03.09 07:48
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CHIFENG GOLD was listed on the main board of the Hong Kong Stock Exchange on March 10, 2025, with a total global offering of 205,652,000 H shares, of which 10% is for public offering in Hong Kong. The offer price for each H share is HKD 13.72, with expected net fundraising of approximately HKD 2.676 billion. The Chinese abbreviation for H shares is "赤峰黄金," and the English abbreviation is "CHIFENG GOLD," with the stock code "6693."

According to the Zhitong Finance APP, CHIFENG GOLD (600988.SH) announced that the total number of H shares for this global offering is 205,652,000 shares (before the exercise of the over-allotment option), of which 20,565,200 shares are for public offering in Hong Kong, accounting for approximately 10.0% of the total global offering (before the exercise of the over-allotment option); the international offering consists of 185,086,800 shares, accounting for approximately 90.0% of the total global offering (before the exercise of the over-allotment option). Based on an H share offering price of HKD 13.72 per share, after deducting the underwriting commissions and other estimated expenses related to the global offering, and assuming the over-allotment option is not exercised, the estimated net proceeds from the global offering that the company will receive is approximately HKD 2.676 billion.

With the approval of the Hong Kong Stock Exchange, the 205,652,000 H shares (before the exercise of the over-allotment option) will be listed and traded on the main board of the Hong Kong Stock Exchange on March 10, 2025. The Chinese abbreviated name for the company's H shares is “赤峰黃金”, the English abbreviated name is “CHIFENG GOLD”, and the stock code is “6693”