CIG Raises Share Capital by 19.91% Through HK$105.16 H-Share Placement

Bulletin Express
Yesterday

CIG Shanghai Co., Ltd. (CIG) expanded its issued H-share capital on 12 October 2026, completing an allotment of 18.45 million new H shares pursuant to the placing agreement announced on 8 October 2026.

The new shares were issued at HK$105.16 each, increasing CIG’s outstanding H shares (excluding treasury shares) from 92.66 million to 111.11 million. The transaction represents a 19.91% rise in the company’s share base.

Based on the placement price and number of shares issued, the deal implies gross proceeds of approximately HK$1.94 billion.

No treasury shares were held, redeemed, or sold, and the company confirmed full compliance with all Hong Kong Stock Exchange listing rules and relevant regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10