Ningbo Joyson Electronic Corp. Ends Stabilization Period Without Exercising Over-Allotment Option

TipRanksDec 4 19:08

Joyson Electronic (00699.HK) announces the end of the stabilization period, stabilization activities, and the expiration of the over-allotment option.

Gelonghui December 4th丨Joyson Electronics (00699.HK) announced that, in accordance with Rule 9(2) of the Securities and Futures (Stabilization Measures) Rules under Chapter 571W of the Laws of Hong Kong, the stabilization period for the global offering ended on Wednesday, December 3, 2025 (i.e., the 30th day after the deadline for submitting applications for the Hong Kong public offering). The stabilization measures taken during the stabilization period by China International Capital Corporation Hong Kong Securities Limited (as the stabilization manager), its affiliates, or any person acting on their behalf are set forth in this announcement. The company further announced that the overall coordinator (on behalf of itself and...

Gelonghui FinanceDec 4 18:57

Trump ignites the robotics sector; Auto Parts ETF (562700) rises 1%, with 4.6 billion in capital inflows targeting the largest Robotics ETF (562500).

Gelonghui, December 4th | The humanoid robotics sector opened higher across the board today. Changying Precision and Sanhua rose by 5.87% and 3.55%, respectively, while the Auto Parts ETF and Robotics ETF increased by 1.25% and 1.06%, respectively. In terms of news: ① Foreign media reported that the Trump administration has begun to pivot towards robotics, considering “issuing an executive order on robotics next year.” Commerce Secretary Lutnick has been meeting with CEOs in the robotics industry, and the Department of Transportation is also preparing to announce the establishment of a robotics task force, which may be unveiled before the end of the year. ② On December 3rd, Musk retweeted about Tesla's Optimus humanoid robot.

Gelonghui FinanceDec 4 10:01

Express News | SZSE: Joyson Electronic added to the list of eligible securities for Stock Connect’s southbound trading, effective December 4.

BreakingsDec 4 08:49

Joyson Electronics (00699.HK) received a 200,000-share H-share increase from China International Capital Corporation Limited, valued at approximately HKD 3.3086 million.

According to a report on December 3, as disclosed in a filing by the Hong Kong Stock Exchange on December 3, China International Capital Corporation Limited increased its holdings of 200,000 H-shares of $Joyson Electronic (00699.HK)$ at an average price of HKD 16.5429 per share on November 28, with a total value of approximately HKD 3.3086 million. After the increase, China International Capital Corporation Limited's latest number of shares held is 3,258.15.

Futu NewsDec 3 17:04

Joyson Electronics officially joined the Connect program on December 4, triggering speculation about a value reassessment due to the discount effect.

On December 4, according to the relevant business rules of Stock Connect, Joyson Electronic (00699.HK), a “Tier 1 supplier in both automotive and robotics,” will be officially added to the list of eligible securities under Stock Connect. This means that mainland investors will soon be able to directly trade this stock through the Stock Connect channel. As of the market close on December 2, Joyson Electronic's H-shares were still trading at nearly a 40% discount compared to its A-shares. The growth expectations for Joyson Electronic’s three major business lines—robotics components, intelligent driving, and automotive safety—have already been reflected in the valuation of its A-share market. However, factors such as post-listing price weakness, stabilization mechanisms, and cautious sentiment among international funds have influenced its valuation levels in the Hong Kong market.

Gelonghui FinanceDec 3 08:55