---
title: "Xiamen Jihong completes discounted placing of new H shares in Hong Kong"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293229727.md"
description: "Xiamen Jihong Co., Ltd. (HK:2603) completed a placing of 9,371,500 new H shares at HK$12.24 per share, representing a 16-17% discount to market prices. The transaction involved at least six independent investors and accounts for approximately 2.09% of total issued shares. This move aims to strengthen the company's capital position and enhance liquidity without altering its substantial shareholder structure, while CSRC filings are underway."
datetime: "2026-07-20T14:38:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293229727.md)
  - [en](https://longbridge.com/en/news/293229727.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293229727.md)
---

# Xiamen Jihong completes discounted placing of new H shares in Hong Kong

An update from Xiamen Jihong Co., Ltd. Class H ( (HK:2603) ) is now available.

Xiamen Jihong Co., Ltd. has completed a placing of 9,371,500 new H shares under its general mandate on the Hong Kong Stock Exchange, with the shares representing about 12.13% of its issued H share capital and 2.09% of total issued shares excluding treasury stock after enlargement. The placing was executed at HK$12.24 per H share, a discount of roughly 16–17% to recent market prices, and the shares were allocated to at least six independent investors, none of whom became a substantial shareholder, while the company will complete the required CSRC filings.

The successful completion of the discounted placing strengthens Xiamen Jihong’s capital position and may enhance liquidity in its H shares without altering its substantial shareholder structure. By securing regulatory approval for listing and proceeding with CSRC filings, the company reinforces its access to both Hong Kong and Mainland regulatory frameworks, supporting future market operations and signalling ongoing engagement with institutional investors.

**More about Xiamen Jihong Co., Ltd. Class H**

Xiamen Jihong Co., Ltd. is a joint stock company incorporated in the People’s Republic of China with limited liability and listed in Hong Kong as Class H shares under stock code 2603. The company issues H shares to international investors via the Hong Kong Stock Exchange, using general mandates to access equity capital markets and broaden its shareholder base.

**Average Trading Volume:** 2,240,291

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$8.73B

Find detailed analytics on 2603 stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [02603.HK](https://longbridge.com/en/quote/02603.HK.md)
- [002803.CN](https://longbridge.com/en/quote/002803.CN.md)

## Related News & Research

- [Xiamen Jihong Clarifies Compliance Breach on UAE-Linked Related Party Deals](https://longbridge.com/en/news/293482129.md)
- [Xiamen Jihong Launches HK$114.7 Million H-Share Placement Under General Mandate](https://longbridge.com/en/news/292821729.md)
- [Xiamen Jihong Shareholders Back Governance Changes on Related Party Deals](https://longbridge.com/en/news/292653606.md)
- [Xiamen Jihong Faces Planned SZSE Public Censure Over Disclosure Lapses but Keeps Key Directors](https://longbridge.com/en/news/290712843.md)
- [Xiamen Jihong Calls June EGM to Raise Guarantee Limits for Subsidiaries](https://longbridge.com/en/news/285962328.md)