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

Reuters
16 May
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.

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