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…
BRIEF: Black Sesame to raise $160 million through share placement
Intelligent driving technology company Black Sesame International Holding Ltd. (2533.HK) said on Wednesday it will raise about HK$1.24 billion ($159 million) through a new share placement, becoming the latest Chinese…
BRIEF: Xtep to raise $130 million through share placement, convertible bond issue
Athletic shoemaker Xtep International Holdings Ltd. (1368.HK) announced on Monday it plans to raise HK$1 billion ($130 million) through a share placement, together with a convertible bond issue. It will…
BRIEF: China Ruyi raises $500 million in share placement at slight discount
Entertainment company China Ruyi Holdings Ltd. (0136.HK) announced on Tuesday that it would raise HK$2.7 billion ($347 million) through the sale of 1.15 billion shares at a subscription price of…
BRIEF: Robosense raises HK$270 million in share placement at 8% discount
Light detection and ranging (Lidar) technology manufacturer Robosense (2498.HK) announced on Wednesday it placed 10 million new shares, or about 2.22% of its enlarged share capital, at a price of…
FAST NEWS: Akeso raises $247 million through share placement
The Latest: Akeso Inc. (9926.HK) announced Sunday it has entered into placement agreements to issue 31.7 million shares to six investors priced at HK$61.28 per share, representing a 4.99% discount…
FAST NEWS: Leapmotor raises $380 million through new share sale
The Latest: Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) announced Wednesday it has entered into subscription agreements to issue 70.21 million domestic shares to four companies, priced at HK$40.80…
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