BRIEF: Fourth Paradigm to raise $107 million in share placement
AI applications developer Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) announced on Thursday that it will place 25.9 million shares to Infini Global Master Fund, representing 8.07% of the enlarged…
BRIEF: Dmall raises $50 million in share placement at 10% discount
Retail digital services provider Dmall Inc. (2586.HK) said on Wednesday it placed 35.4 million shares at a price of HK$11.10 per share, equal to about 3.93% of its currently issued…
BRIEF: GDS completes IPO for its data center property REIT
Data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) said on Wednesday it has completed the spin off and separate listing in Shanghai of a real estate investment trust (REIT) containing…
BRIEF: Qunabox raises $41 million in share placement at 17% discount
Vending machine operator Qunabox Group Ltd. (0917.HK) said on Wednesday it placed 3 million new shares at a price of HK$106.60 per share, equal to about 1.14% of its currently…
BRIEF: Lens Technology rises in Hong Kong trading debut
Shares of smartphone glass supplier Lens Technology Co. Ltd. (6613.HK; 300433.SZ) opened up almost 4% in their Hong Kong trading debut on Wednesday and continued to rise through the day to…
BRIEF: DMall prepares to apply for stablecoin license, stock soars
Retail software services provider DMall Inc. (2586.HK) announced on Thursday that it is preparing to apply for a Hong Kong stablecoin license, and has already purchased bitcoin in the public…
BRIEF: China Hanking’s Australian gold business disposal collapses
Iron ore producer China Hanking Holdings Ltd. (3788.HK) announced on Wednesday that the planned sale of its Primary Gold Australian subsidiary to Inner Mongolia Huineng Coal and Electricity Group has…
