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Restructuring Energy (02570.HK) partially exercised the over-allotment option, price stabilization actions, and the end of the price stabilization period.
On January 2nd, Glorious Group announced that Reshape Energy (02570.HK) stated that the stabilizing price operator (for itself and on behalf of the international underwriters) partially exercised the over-allotment option described in the prospectus on January 2, 2025 (Thursday), involving a total of 23,180 H shares, accounting for approximately 0.48% of the total number of shares initially available for subscription under the Global offering before the over-allotment option was exercised. The company will sell each H share at HKD 147.00 (i.e., the offering price per share under the Global offering, excluding a 1.0% brokerage commission and a 0.0027% SEC transaction fee.
Shanghai REFIRE Group Ltd. Announces Share Allotment
Hong Kong Stock Concept Tracking | Three departments issued the 'Implementation Plan for Accelerating Clean Low-Carbon Hydrogen Application in the Industrial Sector' Hydrogen fuel Industry Chain continues to expand.
The Ministry of Industry and Information Technology and two other departments: promote the technological and product iteration development and application of the Fuel Cell Energy autos Industry Chain.
【New Stock IPO】Remaking Energy (02570) debuts and closes at HK$147.1, up 0.07% from the offer price.
Jingwu Financial News | Reshaping Energy (02570) made its first listing at HKD 147.1, up 0.07% compared to the issue price, with a total trading volume of 0.4697 million shares and a turnover of HKD 67.9431 million. Excluding fees, each lot is 20 shares, resulting in a profit of HKD 2 per lot. The stock opened at HKD 148.9 in the morning, which is 1.29% higher than the issue price, with a daily high of HKD 149.9 and a low that briefly fell below the issue price to HKD 145.1. The latest total market capitalization is HKD 12.671 billion.
Reshaping Energy (2570.HK) has officially been listed, marking the beginning of a new journey of value growth for the hydrogen energy industry benchmark enterprise.
On December 6, Reshape Energy (2570.HK) was officially listed on the main board of the Hong Kong Stock Exchange, opening with an increase of about 1.3% on its first day and achieving a total market value exceeding 12.8 billion HKD. As a leader in hydrogen fuel cell energy systems, the listing of Reshape Energy naturally attracted much attention. Prior to its listing, the company secured investments from Sinopec, the National Manufacturing Upgrade Transformation Fund, Yutong Group, faw jiefang group, and Sequoia Capital, indicating the market's strong interest and recognition of the company's value. In fact, both from the industry perspective and the company perspective, it is clear that Reshape Energy has a clear long-term growth logic. The company is backed by a blue ocean market and has already occupied.
Shanghai REFIRE Group Raises HK$629 Million in Hong Kong IPO Ahead of Friday's Debut