Hesai Group IPO Stabilization Ends With Full Exercise of Overallotment

MT Newswires Live10-13

Hesai Group (HKG:2525) said the stabilization period of its initial public offering ended on Saturday, Oct. 11, according to a Sunday filing with the Hong Kong bourse.

Shares of the three-dimensional light detection and ranging product developer fell nearly 5% in late morning trade on Monday.

A total of 2,932,500 shares were over-allocated in the international portion of the offering after underwriters fully exercised the IPO's overallotment option.

No shares were purchased from the open market during the during the stabilization period to meet the over allocation.

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林中路
10-13
林中路
啥意思？不懂。这几天禾赛股价暴跌与这厮有关？

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