BRIEF: SenseTime to raise $405 million via share placement at 8.6% discount
AI company SenseTime Group Inc. (0020.HK) said on Thursday it will raise HK$3.15 billion ($405 million) by placing around 1.75 billion new Class B shares at HK$1.80 per share, representing…
3SBio gears up for drugs battle with $400 million equity move
After grabbing the spotlight this year with a big licensing deal, the Chinese drug developer is now raising extra funds for R&D and shedding a non-core subsidiary Key takeaways: 3SBio…
BRIEF: Ubtech to raise $400 million in share placement at 11.4% discount
Robotics maker Ubtech Robotics Corp. Ltd. (9880.HK) announcedon Tuesday that it plans to place 31.468 million new H-shares, representing 6.3% of its enlarged share capital. The shares will be priced…
BRIEF: Laopu Gold raises $348 million through share placement to boost gold reserves
Jewelry retailer Laopu Gold Co. Ltd. (6181.HK) announced on Wednesday it will place 3.71 million new H-shares, representing 2.59% of the enlarged share capital for its Hong Kong-listed H-shares and…
BRIEF: Zenergy to raise $65 million through 8% discounted share placement
Lithium battery maker Jiangsu Zenergy Battery Technology Group Co. Ltd. (3677.HK) on Friday announced that it plans to place 45.9 million new H-shares, representing 3.09% of the enlarged capital for its Hong…
BRIEF: Scholar Education to raise $31 million in share placement at 13% discount
After-school education services provider Scholar Education Group (1769.HK) announced on Wednesday that it plans to place 110 million new shares with more than six independent third party investors, representing about…
BRIEF: ImmuneOnco to raise $45 million via share placement at 13% discount
Innovative drug developer ImmuneOnco (1541.HK) announced on Thursday that it plans to place 24.2 million new shares, representing about 5.61% of its enlarged share capital, to raise HK$351 million ($45…
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