BRIEF: WuXi XDC to raise $348 million via share placements at 4% discount
Contract drug services provider WuXi XDC Cayman Inc. (2268.HK) on Wednesday announced two share placements to raise a combined HK$2.71 billion ($348 million) in new funds. The company plans to…
BRIEF: Guofu Hydrogen raises $11.67 million via share placement at 17% discount
Hydrogen storage and transportation equipment maker Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. (2582.HK) announcedon Sunday that it will place up to 1.73 million new Hong Kong-listed shares at HK$54…
BRIEF: Ganfeng Lithium to raise $322 million by selling shares, convertible bonds
Lithium producer Ganfeng Lithium Co. Ltd. (1772.HK; 002460.SZ) announced on Tuesday that it plans to raise HK$2.52 billion ($322 million) through a combination of selling shares and convertible bonds. It…
BRIEF: WuXi AppTec raises $975 Million through share placement at 6.9% discount
Pharmaceutical outsourcing giant WuXi AppTec Co. Ltd. (2359.HK; 603259.SH) announced on Thursday it will raise HK$7.65 billion ($975 million) by placing around 73.8 million new Hong Kong-listed shares at HK$104.27…
BRIEF: Lancang Ancient Tea to raise $7.5 million via share placement at 16% discount
Tea producer Lancang Ancient Tea Co. Ltd. (6911.HK) announced on Sunday that it plans to place 24 million Hong Kong-listed shares, representing 16% of its enlarged issued share capital. It…
BRIEF: S.F. Holding raises $752 million through share placement, convertible bond
S.F. Holding Co. Ltd. (6936.HK; 002352.SZ) announced on Thursday that it raised HK$2.951 billion ($376 million) through a placement of 70 million new Hong Kong-listed shares priced at HK$42.15 each,…
NEWS WRAP: Surging Xtalpi seizes on tech rally to raise $267 million
The Tencent-backed AI drug developer announced a major new fundraising as it steps up its AI project development By Teri Yu AI drug discovery company XtalPi Holdings Ltd. (2228.HK) announced…
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