Individual Stock News
1. Yikong Intelligent Driving plans to issue 26.13 million H shares in its Hong Kong listing (subject to the exercise of the over-allotment option), with an issue price ranging from HK$81.16 to HK$87.92 per share. Trading is expected to commence on July 8.
2. Momenta plans to issue 19.93 million shares in its Hong Kong listing, with an issue price of HK$295.6 per share. Trading is expected to commence on July 8.
3. Ruwei Technology (07656.HK) announced on the Hong Kong Stock Exchange that it plans to issue 28.08 million H shares in its Hong Kong listing, with an issue price of HK$21.66 per share. Trading is expected to commence on July 8.
4. Tuhu (09690.HK): Plans to issue American Depositary Shares and has confidentially submitted Form F-1.
5. China Software International (00354.HK) won the bid for the Yalong River 44.155 million kW hydropower intelligent operation large-scale model project.
6. China Goldstone (01380.HK) plans to acquire an 85% stake in Kingstone Global Holdings Limited. As the controlling shareholder, the company will be able to guide and oversee further technical work, exploration plans, development activities, and mining-related operations at the Pumillahue gold mine project.
7. United Group (00373.HK): Asia Pacific Resources (01104.HK) announced the termination of the underwriting agreement between Asia Pacific Resources and the underwriters regarding the rights issue of Asia Pacific Resources, and accordingly terminated its subscription for Asia Pacific Resources shares.
