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Hong Kong stocks abnormal movement | China in-tech once soared 264%, raising 6 million Hong Kong dollars with new stock.
As of November 5, Guolonghui reported that China In-Tech (0464.HK) rose by 264.75% in the early trading session to 0.445 Hong Kong dollars. The current increase has narrowed to 133%, with a trading volume of 8.79 million Hong Kong dollars. In terms of news, the company announced last night that it has entered into a subscription agreement with subscribers after the market closed. According to this agreement, the subscribers have conditionally agreed to subscribe, and the company has conditionally agreed to issue and distribute 60 million shares of subscription shares at a subscription price of 0.1 Hong Kong dollars per share, equivalent to 10.12% of the enlarged share capital. The subscription price is discounted by 18.03% compared to the closing price. The net proceeds from the subscription will be approximately 600.
China In-Tech Limited to Review Financials and Dividend
China in-tech (00464.HK) plans to hold a board of directors meeting on November 28 to approve the mid-term performance.
Gelonghui November 4th, China in-tech (00464.HK) announced that the board of directors will hold a meeting on November 28, 2024 (Thursday) to discuss the following matters: 1. Review and approve the unaudited concise consolidated financial statements of the company and its subsidiaries (collectively referred to as the "Group") for the six months ended September 30, 2024, and their publication; 2. Consideration of the payment of interim dividends (if any); 3. Consideration of suspending the processing of share transfer registration procedures (if necessary); and 4. Handling other matters.
China In-Tech Limited Issues Discounted New Shares
China in-tech (00464) plans to discount approximately 18.03% to issue 60 million shares for subscription, with a net raise of approximately 6 million Hong Kong dollars.
China In-Tech (00464) announced that on November 4, 2024, the company plans to issue 600...
CHINA IN-TECH: Annual Report 2024
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