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CATL's Over-Allotment Option Fully Exercised
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The stabilization period for the global offering of CATL (03750.HK) ended on June 14. During this period, the stabilization agent, China International Capital Corporation Hong Kong Securities, undertook actions including the over-allocation of 20.3367 million shares in the international offering (equivalent to around 15% of the total number of shares available for subscription under the global offering).

The overall coordinator fully exercised the over-allotment option for a total of 20.3367 million H-shares at a price of HKD263 per share.

Related NewsHSBC Research Initiates Coverage on CATL (03750.HK) w/ TP $359 & Rating Buy

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