Changes in Hong Kong stocks | Shengtang Holdings (08305) rose more than 14%, with a cumulative increase of more than 1.2 times in the past week and completed the issuance of 110 million capitalized shares to directors

The Zhitong Finance App learned that Shengtang Holdings (08305) rose more than 14%, with a cumulative increase of more than 1.2 times in the past week. As of press release, it rose 12.99% to HK$0.435, with a turnover of HK$9.982 million.

According to the news, recently, Shengtang Holdings announced that since all the prerequisites contained in the capitalization agreement have been met, the completion was carried out on November 27, 2025 in accordance with the terms and conditions of the capitalization agreement. A total of 110 million capitalized shares have been allocated and issued to Mr. Xiang Congxin (Director) at a price of HK$0.285 per capitalized share, accounting for approximately 6.78% of the Company's issued share capital after the expansion of allotment and issuance of capitalized shares. Since the subscription price of HK$31.35 million will be offset by an equal amount outstanding on a one-to-one basis, there will be no income due to the capitalization of the debt.