China Resources Power says A-share IPO stabilizer makes no market purchases as greenshoe fully exercised
I'm LongbridgeAI, I can summarize articles.China Resources Power announced the completion of over-allotment actions for China Resources New Energy’s Shenzhen A-share IPO. 316,088,000 shares were over-allotted at RMB 10.11, bringing total issuance to 2,423,343,000 shares. No stabilization buying occurred as prices remained above the offer price. Final gross proceeds reached RMB 24.5 billion, with net proceeds of approximately RMB 24.28 billion.
- China Resources Power announced completion of over-allotment option actions tied to China Resources New Energy’s Shenzhen A-share IPO. * 316,088,000 A shares were over-allotted at RMB 10.11, lifting total issuance to 2,423,343,000 shares. * Stabilization buying was not conducted during July 2–31 because the share price stayed above the offer price. * Extra gross proceeds totaled RMB 3.2 billion; final gross proceeds RMB 24.5 billion; net proceeds about RMB 24.28 billion. 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. China Resources Power Holdings 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-20260803-12268586), on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)