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Beijing Zhongke WengeAI says IPO stabilization period ends with no market price support trades
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Beijing Zhongke WengeAI says IPO stabilization period ends with no market price support trades
  • Beijing Zhongke WengeAI disclosed that the IPO stabilization period ended on July 23, 2026.
  • Overall coordinators partially exercised the over-allotment option for 1,335,000 shares, about 9% of initial offer shares.
  • The shares were issued at HK$ 60.7 each, matching the final offer price.
  • Stabilizing manager CICC Hong Kong Securities reported no market purchases or sales for price stabilization during the period.
  • Net proceeds from the over-allotment were about HK$ 78.6 million, earmarked for prospectus-stated uses.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Zhongke Wengeai Science and Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260724-12256492), on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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