Shandong Fengxiang Co. Ltd. Announces Internal Dealings: CICC Financial Trading Limited Closes Out Derivatives Contracts

Reuters
05-16
Shandong Fengxiang Co. Ltd. Announces Internal Dealings: CICC Financial Trading Limited Closes Out Derivatives Contracts

Shandong Fengxiang Co. Ltd. has announced the disclosure of internal dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. On 15 May 2025, CICC Financial Trading Limited, an exempt principal trader connected with the Offeror, closed out derivative contracts involving 29,000 reference securities, with a maturity date of 8 April 2026. The total amount received was $54,496.76, resulting in a balance of 814,000 reference securities. CICC Financial Trading Limited is ultimately owned by China International Capital Corporation Limited.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shandong Fengxiang Co. Ltd. published the original content used to generate this news brief on May 16, 2025, and is solely responsible for the information contained therein.

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