China Financial Leasing Group has announced a private placement of approximately 69.38 million new shares to Innoval Capital at HK$1.25 per share, raising about HK$86.72 million. The placement is priced at a 2.34% discount. The net proceeds of approximately HK$86.47 million will primarily be used to invest in securities of both listed and unlisted companies in the Web3 and AI sectors, with the remainder allocated for general working capital. The company plans to focus on developing a digital asset investment platform within the group, targeting the Crypto and AI sectors.
China Financial Leasing Group to Raise HK$86.72 Million for Web3 and AI Investments
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