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ZHONGGAN COMM: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
Zhonggan Communication (02545.HK) plans to hold a board of directors meeting on August 28th to approve the interim performance.
China Communications (02545.HK) announced on August 16 that the board of directors will hold a meeting on Wednesday, August 28, 2024 to consider and approve the unaudited comprehensive interim performance for the six months ended June 30, 2024, as well as to handle other matters (if any).
ZHONGGAN COMM: DATE OF BOARD MEETING
Western Securities: Satellite communication + multi-field applications are expected to create new growth points for the commercial aerospace industry.
Satellite communication combined with multiple applications is expected to create new growth points for the commercial aerospace industry. Looking at the industrial bottlenecks, satellite manufacturing and satellite launches are the main contradictions of current bulk launches, and the industry has great investment value.
Zhonggan Communications (02545.HK): The stable price period has ended, there is no stable price action, and the excess rights issue has expired.
Zhonggan Communication (02545.HK) announced on July 29 that the globally offered stable price period ended on July 27, 2024 (Saturday) (i.e. 30 days after the deadline for submitting Hong Kong public offering applications). The exclusive overall coordinator and exclusive global coordinator (for itself and on behalf of international underwriters) have not exercised the over-allotment option during the stabilisation period, and the over-allotment option has expired on July 27, 2024 (Saturday). Therefore, the company will not issue shares based on the over-allotment option.
HK stocks anomaly | Zhonggan Communication (02545) fell over 14%, hitting a new low since listing, down nearly 70% from the IPO price.
China Gan Communication (02545) fell more than 14%, reaching a new low of HK$0.39 in the IPO, a drop of nearly 70% from the offer price of HK$1.25. As of press time, it fell 14.29% to HK$0.39 with a turnover of HK$12.3149 million.
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