Significant Share Transfer of CIG Involves HK$630 Million, Representing 4.31% of Holdings, with 1.6676 Million Shares Moved from Citibank

Stock News
06/24

According to the latest data from the Hong Kong Stock Exchange, a notable change in shareholdings for CIG (06166) occurred on June 23. The total value of the transferred shares amounted to HK$630 million, accounting for 4.31% of the relevant holdings.

Shareholders of the company transferred 3.2236 million shares into Hong Kong and Shanghai Banking Corporation (HSBC) and moved 1.6676 million shares out of Citibank.

Separately, CIG announced that on June 11, 2026, its Fifth Board of Directors' thirty-second meeting and the Fifth Remuneration Committee's eighth meeting reviewed and passed a proposal regarding adjustments to the 2026 stock option and restricted share incentive plan. The adjustments pertain to the exercise price, the list of incentive recipients, and the number of grants, along with the initial grant of stock options to the recipients.

The company determined that the grant conditions stipulated in the A-share incentive plan have been met. It established June 11, 2026, as the initial grant date, granting an initial 3,998,450 stock options to 1,056 qualified incentive recipients at an exercise price of RMB 113.71 per option.

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