CICC Financial Trading Limited Engages in Internal Dealings of Shandong Fengxiang Co. Ltd. Shares Amid Merger Privatization

Reuters
16 Jun
CICC Financial Trading Limited Engages in Internal Dealings of Shandong Fengxiang Co. Ltd. Shares Amid Merger Privatization

Shandong Fengxiang Co. Ltd. announced internal dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers as part of its privatisation process by way of merger. CICC Financial Trading Limited, an exempt principal trader connected with the Offeror, reported transactions involving other types of securities, such as equity swaps. On 13 June 2025, CICC Financial Trading Limited engaged in both purchase and sale activities involving 34,000 shares, as part of proprietary position adjustments resulting from client-driven dealings.

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