HESAI-W: Stabilization Price Action and End of Stabilization Price Period

Zhitong
2025.10.12 10:17
portai
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HESAI-W announced that the stabilization period for its global offering will end on October 11, 2025. During this period, China International Capital Corporation Hong Kong Securities Limited conducted stabilization actions, including the overallotment of 2.9325 million shares, accounting for 15% of the initially available shares for subscription in the global offering. In addition, the sponsor exercised the overallotment option on September 16, 2025, at a price of HKD 212.80 per share, involving 2.9325 million shares. There were no market transactions of Class B common shares during this period