AuGroup (SHENZHEN) Cross-Border Business Co., Ltd. Class H (HK:2519) has released an update.
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AuGroup (SHENZHEN) Cross-Border Business Co., Ltd. has concluded its stabilization period for the Global Offering, with no exercise of the Over-allotment Option by the underwriters. The company managed to maintain compliance with the public float requirement, ensuring at least 25% of its shares are held by the public. The stabilization involved over-allocating and purchasing a total of 4,484,100 H Shares in the market.
For further insights into HK:2519 stock, check out TipRanks’ Stock Analysis page.
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