Major Developments
Camsense (06802): Hong Kong public offering was oversubscribed by 3,546.91 times. Maoye International (00848) received a privatization offer at a premium of approximately 110.1% and will resume trading on September 30. Direct Drive (06731) signed a strategic cooperation agreement with Zhongxi Kechuang to promote deep integration of rare earth new materials and robot terminal applications. Hengrui Medicine (01276) will license the overseas exclusive rights of HRS-1596 to Novo, with a potential transaction value of up to US$2.6 billion. Maanshan Iron & Steel (00323) plans to transfer 92% equity of Maanshan Magang Cihu Steel Processing and Distribution for 136 million yuan.
Equity Increases and Decreases
Miniso (09896): Chief Financial Officer Zhang Jingjing further purchased shares in the open market. Ra Materials (09607) received an increase of 733,400 H shares from the actual controller, with plans to further increase holdings by 6.5 million to 13 million H shares. Chongqing Iron & Steel (01053): some directors and senior executives increased their holdings of the company's A shares by 930,700 shares. Longsys (09976): Deputy General Manager Zhu Yu completed the reduction of 598,400 shares.