--- title: "Beijing Zhongke WengeAI says IPO stabilization period ends with no market price support trades" type: "News" locale: "en" url: "https://longbridge.com/en/news/293769601.md" description: "Beijing Zhongke WengeAI announced that its IPO stabilization period ended on July 23, 2026. The overall coordinators exercised the over-allotment option for 1,335,000 shares at HK$60.7 each. Stabilizing manager CICC Hong Kong Securities reported no market purchases or sales during this period. Net proceeds from the over-allotment amounted to approximately HK$78.6 million." datetime: "2026-07-24T14:22:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293769601.md) - [en](https://longbridge.com/en/news/293769601.md) - [zh-HK](https://longbridge.com/zh-HK/news/293769601.md) generator: "portal-rs" --- # Beijing Zhongke WengeAI says IPO stabilization period ends with no market price support trades - Beijing Zhongke WengeAI disclosed that the IPO stabilization period ended on July 23, 2026. \* Overall coordinators partially exercised the over-allotment option for 1,335,000 shares, about 9% of initial offer shares. \* The shares were issued at HK$ 60.7 each, matching the final offer price. \* Stabilizing manager CICC Hong Kong Securities reported no market purchases or sales for price stabilization during the period. \* Net proceeds from the over-allotment were about HK$ 78.6 million, earmarked for prospectus-stated uses. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Zhongke Wengeai Science and Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260724-12256492), on July 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [01956.HK](https://longbridge.com/en/quote/01956.HK.md) - [03908.HK](https://longbridge.com/en/quote/03908.HK.md) - [601995.CN](https://longbridge.com/en/quote/601995.CN.md) - [00388.HK](https://longbridge.com/en/quote/00388.HK.md) - [80388.HK](https://longbridge.com/en/quote/80388.HK.md) - [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md) ## Related News & Research - [Beijing Zhongke WengeAI Commits RMB177 Million to New AI-Focused Venture Fund](https://longbridge.com/en/news/295936318.md) - [Alibaba-backed AI Video Platform Shengshu Tech Reportedly Eyes HK Listing Next Yr, Seeking USD500M+](https://longbridge.com/en/news/296285914.md) - [Rockwool announces availability of 2026 half-year report](https://longbridge.com/en/news/296326112.md) - [Beijing Zhongke WengeAI announces extraordinary general meeting](https://longbridge.com/en/news/295400764.md) - [ADCO: AI-powered marketing tech firm posts strong growth and margins, targeting a $965B ad market](https://longbridge.com/en/news/296126236.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**