ZIJIN GOLD INTL: Stabilization price action and stabilization price period end
ZIJIN GOLD INTL announced that the stabilization price period for its global offering ended on October 25, 2025. The stabilization agent, Morgan Stanley Asia Limited, took action to overallocate 52.3486 million shares during this period, accounting for approximately 15% of the initially available shares for subscription. In addition, the overall coordinator exercised the over-allotment option on October 8, 2025, involving 52.3486 million shares at HKD 71.59 per share. During this period, the stabilization agent did not buy or sell any shares in the market
According to the announcement from ZIJIN GOLD INTL (02259), the stabilization period for the global offering ended on October 25, 2025 (the 30th day after the deadline for submitting the application for the Hong Kong public offering). The stabilization actions taken by the stabilization agent, Morgan Stanley Asia Limited, or any person acting on its behalf during the stabilization period are as follows: A total of 52,348,600 shares were over-allocated under the international offering, accounting for approximately 15% of the total number of shares initially available for subscription under the global offering (before the exercise of any over-allotment option). These shares were borrowed by the stabilization agent, Morgan Stanley Asia Limited, or its affiliates, under a stock borrowing agreement; and the overall coordinator (for itself and on behalf of the international underwriters) fully exercised the over-allotment option on October 8, 2025, involving a total of 52,348,600 shares at HKD 71.59 per share, to facilitate the return of the 52,348,600 shares borrowed by the stabilization agent, Morgan Stanley Asia Limited, or its affiliates, under the stock borrowing agreement to Jinshan Hong Kong.
During the stabilization period, the stabilization agent did not buy or sell any shares in the market to stabilize the price
