Busy Ming (HKG:1768) said the stabilization period for its global offering ended on Feb. 22, according to a Monday Hong Kong bourse filing.

During the stabilization period, the stabilizing manager over-allocated 2.3 million offer shares in the international offering, representing about 15% of the shares initially available under the global offering.

The overallotment option was fully exercised on Feb. 10 for 2.3 million shares at HK$236.60 per share, the final offer price, to facilitate settlement with certain placees who agreed to delayed delivery.

The company said no on-market purchases or sales were conducted for price stabilization during the period.