--- title: "Hapbiotech Takes 70% Stake in Ling Yui and Launches Mandatory Cash Offer" type: "News" locale: "en" url: "https://longbridge.com/en/news/282722352.md" description: "Hapbiotech Investment Holding Limited has acquired a 70.02% stake in Ling Yui Holdings Limited, purchasing 560,140,000 shares at HK$0.2375 each. This transaction, completed on April 9, 2026, triggers a mandatory cash offer for the remaining shares at the same price, as per Hong Kong’s Takeovers Code. The acquisition indicates a significant shift in control and governance for Ling Yui, impacting its minority shareholders. Ling Yui is a Hong Kong-listed company, but details on its business operations are not provided in the announcement." datetime: "2026-04-14T15:09:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282722352.md) - [en](https://longbridge.com/en/news/282722352.md) - [zh-HK](https://longbridge.com/zh-HK/news/282722352.md) --- # Hapbiotech Takes 70% Stake in Ling Yui and Launches Mandatory Cash Offer ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Ling Yui Holdings Limited ( (HK:0784) ) has provided an announcement. Ling Yui Holdings Limited has undergone a change of control after Hapbiotech Investment Holding Limited agreed to purchase 560,140,000 shares, representing 70.02% of its issued share capital, at HK$0.2375 per share. Completion of this transaction occurred on 9 April 2026, giving the offeror and parties acting in concert majority ownership of the company. Following the acquisition, Hapbiotech is required under Hong Kong’s Takeovers Code to make an unconditional mandatory cash offer for all remaining shares it does not already own, at the same price of HK$0.2375 per share. The move, which will be executed through Red Sun Capital as financial adviser, signals a potential shift in strategic direction and governance for Ling Yui’s minority shareholders as control consolidates under the new owner. **More about Ling Yui Holdings Limited** Ling Yui Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded under stock code 784. The announcement centres on changes to its shareholding and control structure, although the specific business operations and industry focus of the group are not described in the release. **Average Trading Volume:** 3,000,576 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$288M Learn more about 0784 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [00784.HK](https://longbridge.com/en/quote/00784.HK.md) ## Related News & Research - [Sichuan Baicha Baidao re-elects Wang Xiaokun as chairman, names new board committee members](https://longbridge.com/en/news/287230506.md) - [World Bank Conference: Corsia Phase 1 Supply Squeeze Lies With Host Country Consents, Panel Says — OPIS](https://longbridge.com/en/news/287171728.md) - [22:00 ETBeelink Holds First Dividend Distribution Meeting](https://longbridge.com/en/news/286989835.md) - [Warren Buffett sits on a record $397B in cash while Michael Burry shorts AI for $1B, betting it's 1999 all over again. What do they see?](https://longbridge.com/en/news/287098183.md) - [Should You Buy Euronext N.V. (EPA:ENX) For Its Upcoming Dividend?](https://longbridge.com/en/news/287004863.md)