Understanding the Market | CANBRIDGE-B rose over 8% in the morning, plans to issue subscription shares at a discount of approximately 19.86% to raise funds for existing product line R&D expenses, etc
CANBRIDGE-B rose over 8% in the morning, and as of the time of publication, it was up 8.16%, trading at HKD 3.05, with a transaction volume of HKD 20.5877 million. In terms of news, CANBRIDGE-B announced that on September 15, 2025, the company plans to issue a total of 9.9962 million subscription shares to three subscribers (Qin Shen, Huang Xiaoting, and Wusong Capital Limited). The subscription price for each share is HKD 2.26, which represents a discount of approximately 19.86% compared to the closing price of HKD 2.82 on September 15. The announcement stated that the total amount raised from the subscription will be HKD 22.5914 million, with the net proceeds estimated to be approximately HKD 22.0914 million. The company intends to use the net proceeds from the subscription for research and development expenses of existing product lines and for the group's daily operations
According to the Zhitong Finance APP, CANBRIDGE-B (01228) rose over 8% in the morning, and as of the time of publication, it was up 8.16%, trading at HKD 3.05, with a transaction volume of HKD 20.5877 million.
In terms of news, CANBRIDGE-B announced that on September 15, 2025, the company plans to issue a total of 9.9962 million subscription shares to three subscribers (Qin Shen, Huang Xiaoting, and Wusong Capital Limited). The subscription price for each share is HKD 2.26, which represents a discount of approximately 19.86% compared to the closing price of HKD 2.82 on September 15.
The announcement stated that the total amount raised from the subscription will be HKD 22.5914 million, with the net proceeds estimated to be approximately HKD 22.0914 million. The company intends to use the net proceeds from the subscription for research and development expenses of existing product lines and for the group's daily operations
