Recent data from the Hong Kong Stock Exchange reveals a significant shift in share positions for Guming (HKEX: 01364) on June 29th. The total value of the transferred positions amounted to HK$1.225 billion, representing approximately 2.45% of the relevant holdings.

A shareholder transferred 57.7675 million shares into Citibank and moved 56.4193 million shares out of Goldman Sachs (Asia) Securities.

In a related corporate development, Guming recently announced that on June 23rd, 2026 (after the trading session), the company (acting as guarantor) and the issuer entered into a subscription agreement with the arranger, Goldman Sachs (Asia) LLC. Under this agreement, the issuer conditionally agreed to issue bonds to the arranger or at its direction. The arranger conditionally agreed to subscribe for and pay, or procure the subscription and payment for, bonds with an aggregate principal amount of HK$1.96 billion (equivalent to US$250 million). The company has agreed to unconditionally and irrevocably guarantee the due payment of all sums payable by the issuer under the bonds and the trust deed, subject to certain conditions outlined in the subscription agreement.

The bonds will be issued at 101% of their principal amount, with a denomination of HK$2 million per bond. Any amounts above this will be in integral multiples of HK$1 million.