YF Financial has announced a share placement of 191 million new shares at HK$6.1 each, raising approximately HK$1.17 billion. The placement aims to expand the company's shareholder and capital base while enhancing market liquidity of its shares. The funds will primarily be used for system upgrades, talent recruitment, and capital needs, including launching comprehensive virtual asset trading and investment management services.
YF Financial Raises HK$1.17 Billion Through Share Placement
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.