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

Bulletin Express
10/12

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.

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