Deepexi raises $62 million in share placement to boost AI R&D
Enterprise large-model AI application provider Deepexi Technology Co. Ltd. (1384.HK) said on Thursday it plans to place 14.29 million new Hong Kong-listed H-shares, representing about 4.1% of its enlarged issued…
Zhida to raise $26 million through share placement at 12% discount
Electric vehicle (EV) charging pile maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) said on Tuesday it plans to sell up to 19.13 million new shares for HK$10.98 each, representing…
Pateo Connect raises $49 million in new share sale at 17.6% discount
Smart cockpit and connected vehicle solutions provider Pateo Connect Technology (Shanghai) Corp. (2889.HK) announced on Wednesday that it will sell 2.26 million new shares for HK$173.40 each, representing a 17.6%…
MMG to raise $1.6 billion through share placement and convertible bonds
Mining company MMG Ltd. (1208.HK) announced on Monday it plans to raise HK$12.62 billion ($1.61 billion) through a share placement and convertible bond sale, with proceeds earmarked for debt refinancing,…
BRIEF: Unisound launches third share placement this year to raise $48.6 million
AI company Unisound AI Technology Co. Ltd. (9678.HK) said on Wednesday it plans to sell 1.7 million new shares for HK$228 each, representing a discount of about 19.89% to its…
BRIEF: CATL raises massive $5 billion in share placement at 7% discount
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) announced on Tuesday it plans to place 62.4 million new Hong Kong-listed H-shares at HK$628.20 each, representing a…
BRIEF: Ascletis raises $107 million to fund obesity drug trials
Ascletis Pharma Inc. (1672.HK) saidon Tuesday that it raised about HK$835 million ($107 million) by selling 69.26 million new shares in a placement at HK$12.18 each. The placement price represents…
