Jinke Smart Services Announces Internal Dealings as CICC Engages in Purchase and Sale of Ordinary Shares Amid Possible Mandatory General Offer

Reuters
16 May
Jinke Smart Services Announces Internal Dealings as CICC Engages in Purchase and Sale of Ordinary Shares Amid Possible Mandatory General Offer

Jinke Smart Services Group Co. Ltd. announced a disclosure of 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, conducted transactions involving ordinary shares and other types of securities, such as equity swaps. The transactions were part of hedging activities related to Delta 1 products arising from wholly unsolicited client-driven orders. CICC Financial Trading Limited is ultimately owned by China International Capital Corporation Limited.

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