---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/38681841.md"
description: "$XTALPI(02228.HK) First, list all the known conditions clearly.• Zero-coupon convertible bond: HKD 2.866 billion, maturing on 2027-01-26• Initial conversion price: HKD 13.85• Full conversion: 207 million shares (≈4.8% of total share capital)• Issuance time: 2026-01, conversion period: 6 months after issuance (≈starting from 2026-07)• Short position cost: Recent average short selling price ≈ HKD 11.2–11.7"
datetime: "2026-02-12T04:39:25.000Z"
locales:
  - [en](https://longbridge.com/en/topics/38681841.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/38681841.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/38681841.md)
author: "[江汉南京](https://longbridge.com/en/profiles/16860474.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/38681841.md) | [繁體中文](https://longbridge.com/zh-HK/topics/38681841.md)


# $XTALPI(02228.HK) First, list all the known condit…


### Related Stocks

- [XTALPI (02228.HK)](https://longbridge.com/en/quote/02228.HK.md)

## Comments (2)

- **博客 · 2026-02-12T06:13:19.000Z**: Your conversion period is different from what I see.
- **长桥大红大紫 · 2026-02-12T04:44:09.000Z**: How much have you earned?