On November 25th, Jinjiang Capital opened 18.97% higher at HK $2.76, with a market capitalization of HK $15.4 billion. The company announced last night that Jinjiang International (Group), a 75 per cent controlling shareholder, offered conditions to absorb and merge H shares at a cash price of HK $3.10 per share, a premium of 33.62 per cent over the pre-suspension price, involving a capital of about HK $4.314 billion. After taking effect, the company will apply to the Stock Exchange for voluntary cancellation of the listing status of H shares.