ET Net News Agency reported on the 8th: Tianshu Zhixin (09903) is currently down 6.4%, trading at HK$92.9, marking its third consecutive day of decline with a cumulative drop of 9.7%. The stock has traded approximately 57.1 million shares, amounting to HK$5.23 billion.
Biren Technology (06082) plans to place 130 million new shares to no fewer than six investors, representing approximately 4.76% of the enlarged issued share capital. The placement price is set at HK$31.08 per share, representing a discount of about 9.76% compared to the company's previous closing price of HK$34.44, raising net proceeds of approximately HK$4.02 billion.
Biren Technology recently passed the six-month IPO lock-up period in early July and immediately conducted its first placement, raising around HK$7 billion. Now, with the restriction on further placements expiring in early October, the company promptly launched a new placement round to raise another HK$4 billion. This consecutive placement activity has triggered market concerns over continuously rising capital dilution among AI-related概念股.
Tianshu Zhixin, also hailed as one of the 'Four Little Dragons' in GPU, was negatively impacted by this news, leading to a sharp decline in its share price. Back in early July, shortly after its cornerstone investor lock-up expired, Tianshu Zhixin also conducted a placement, issuing 14.857 million new shares to no fewer than six investors at a placement price of HK$476 per share, raising net proceeds of approximately HK$7.034 billion—more than double the amount raised during its IPO of about HK$3.5 billion—with the placement price discounted about 15% from the then previous closing price of HK$560.
Currently, the Hang Seng Index stands at 23,989, down 140 points or 0.6%, with turnover on the main board exceeding HK$110.5 billion. The Hang Seng China Enterprises Index is at 8,069, down 13 points or 0.2%. The Hang Seng Tech Index is at 4,123, down 70 points or 1.7%. (am)
Biren Technology (06082) plans to place 130 million new shares to no fewer than six investors, representing approximately 4.76% of the enlarged issued share capital. The placement price is set at HK$31.08 per share, representing a discount of about 9.76% compared to the company's previous closing price of HK$34.44, raising net proceeds of approximately HK$4.02 billion.
Biren Technology recently passed the six-month IPO lock-up period in early July and immediately conducted its first placement, raising around HK$7 billion. Now, with the restriction on further placements expiring in early October, the company promptly launched a new placement round to raise another HK$4 billion. This consecutive placement activity has triggered market concerns over continuously rising capital dilution among AI-related概念股.
Tianshu Zhixin, also hailed as one of the 'Four Little Dragons' in GPU, was negatively impacted by this news, leading to a sharp decline in its share price. Back in early July, shortly after its cornerstone investor lock-up expired, Tianshu Zhixin also conducted a placement, issuing 14.857 million new shares to no fewer than six investors at a placement price of HK$476 per share, raising net proceeds of approximately HK$7.034 billion—more than double the amount raised during its IPO of about HK$3.5 billion—with the placement price discounted about 15% from the then previous closing price of HK$560.
Currently, the Hang Seng Index stands at 23,989, down 140 points or 0.6%, with turnover on the main board exceeding HK$110.5 billion. The Hang Seng China Enterprises Index is at 8,069, down 13 points or 0.2%. The Hang Seng Tech Index is at 4,123, down 70 points or 1.7%. (am)
