Core Viewpoint - China Smart Technology (00464) experienced a significant stock price increase of over 50%, reaching a price of 1.65 HKD, with a trading volume of 18.17 million HKD [1] Group 1: Company Announcement - China Smart Technology announced a placement of 117 million shares, representing approximately 15.48% of the enlarged share capital [1] - The placement price is set at 0.9 HKD per share, which is a discount of about 19.64% compared to the closing price of 1.12 HKD on November 6 [1] - The net proceeds from the placement are expected to be approximately 102.9 million HKD, which will be used for business development, loan repayment, and general working capital [1] Group 2: Business Operations - The company primarily engages in the design, manufacturing, and sales of electronic hair care products, as well as providing information technology system platform development services in China [1] - Approximately 100 million HKD of the proceeds will be allocated for business development, loan repayment, and general working capital [1]
港股异动 | 中国智能科技(00464)飙升逾50% 拟折价近两成配售股份 净筹约1.03亿港元