Xunzhong raises $46.8 million through share placement at 19% discount
Chinese cloud services provider Beijing Xunzhong Communication Technology Co. Ltd. (2597.HK) said on Thursday it plans to place 11.19 million new shares at HK$28.20 apiece, representing a 19.43% discount to…
Xunzhong eyes Southeast Asia for relief from China’s stormy cloud
The niche provider of cloud communications services has filed for a Hong Kong IPO, signing DBS as its lead underwriter to raise its profile in Southeast Asia Key Takeaways Xunzhong…
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