China Hongqiao has announced an adjustment to the conversion price for its 2025 convertible bonds.
In accordance with the terms and conditions of the 2025 convertible bonds, the conversion price will be revised due to the company's declaration of a dividend.
The conversion price will be lowered from HK$19.36 per share to HK$18.44 per share.
China Hongqiao (01378)
This adjustment is scheduled to take effect from June 3, 2026, which is the business day immediately following the record date of June 2, 2026 associated with the dividend distribution.