Core Viewpoint - Xiangxing International (01732) has seen a significant stock price increase following an announcement of a partial tender offer by Xijing Holdings (Hong Kong) Limited at a price of HKD 0.21 per share, which is a discount of approximately 7.89% from the previous closing price [2][5]. Group 1: Company Announcement - Xiangxing International's stock price rose over 22% during trading, with a current price of HKD 0.32 and a trading volume of HKD 5.9552 million [2][5]. - Xijing Holdings intends to acquire 371.2 million shares, representing 29% of Xiangxing International's total issued share capital [2][5]. - The tender offer price is set at HKD 0.21 per share, which is lower than the last trading price of HKD 0.228 [2][5]. Group 2: Industry Context - Xijing Technology focuses on commercial autonomous driving, and Xijing Holdings is its controlling subsidiary [2][5]. - If the tender offer is successful, Xiangxing International is expected to become the first stock in the Hong Kong market focused on commercial vehicle autonomous driving [2][5]. - Xijing Technology has also submitted a listing guidance report to the Shanghai Securities Regulatory Commission in April this year, aiming for an IPO in the A-share market [2][5].
象兴国际午前涨超18% 西井科技提部分要约收购