On September 25, 2026, Morgan Stanley reduced the number of shares of NEXCHIP (H shares) in respect of which it may exercise its right to rehypothecate or dispose of by 3.66 million shares, leading to a decrease in its long position interest. This transaction did not involve an on-market or off-market trade and was purely a change in the nature of its holding.
Prior to the reduction, Morgan Stanley's long position in NEXCHIP was 15.29 million shares, representing 6.73% of the issued shares. Following the reduction, the holding changed to 11.63 million shares, with the long position ratio falling to 5.12%.