Ming Shing Group Holdings shares surge, then fall back after $110M graphene move raises dilution questions

Ming Shing Group Holdings Limited traded among the choppier Nasdaq microcaps Wednesday. The Hong Kong construction-services player told investors it wrapped up a $110 million buy that puts it into graphene-based thermal management, which deals with heat controls for electronics and products. Ming Shing said the deal went from pitch to closed after Tuesday’s close, and investors took note since Ming Shing’s payment structure could later mean a large batch of new shares come into play.