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Gpixel Changchun Microelectronics' IPO Stabilization Period Ends

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Gpixel Changchun Microelectronics (HKG:3277) said the stabilization period of its initial public offering ended on Thursday, according to a same-day filing with the Hong Kong bourse.

The Chinese semiconductor company said the overallotment option was fully exercised during the stabilization period for 9.79 million shares at HK$39.88 apiece.

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