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Zhejiang Taimei Ends Stabilization Period for Global Offering

Zhejiang Taimei Ends Stabilization Period for Global Offering

Zhejiang Taimei Medical Technology Co Ltd Class H (HK:2576) has released an update.

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Zhejiang Taimei Medical Technology Co., Ltd. recently concluded the stabilization period for its Global Offering, led by Morgan Stanley Asia Limited. Despite over-allocating over 3.8 million H Shares, the over-allotment option was not exercised, resulting in no additional shares being issued. This marks a significant step in the company’s stock market journey, capturing the interest of investors in the Hong Kong market.

For further insights into HK:2576 stock, check out TipRanks’ Stock Analysis page.

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