On December 4, Glonghui, France Co., Ltd. (02499.HK) announced that the price stabilization period relating to global sales ended on December 3, 2023 (Sunday) (that is, the 30th day after the deadline for submitting applications for public sale in Hong Kong). Since international sales do not involve excessive allocation, price stabilization operators are unable to act to stabilize prices on global sales during the price stabilization period.
Since the international sale did not involve overallocation, the exclusive overall coordinator (for itself and on behalf of the international underwriter) did not exercise overallotment rights during the price stabilization period. The over-allotment rights expired on December 3, 2023 (Sunday). As a result, no shares have been or will be issued under over-allotment rights.