Core Viewpoint - China Netcom (01920) experienced a significant intraday increase of over 13%, closing at 0.43 HKD with a trading volume of 3.446 million HKD [1] Group 1: Company Announcement - China Netcom announced plans to issue approximately 112 million subscription shares to China Alliance Venture Technology Limited, which is wholly owned by the company's chairman and executive director, Zhou Zhenlin [1] - The subscription price is set at 0.3965 HKD per share, representing a premium of about 4.34% compared to the closing price of 0.380 HKD on the last trading day and the date of the subscription agreement [1] - The net proceeds from the subscription are expected to be approximately 43.9 million HKD, which will be used to meet the group's operational funding needs, including daily operations and business development [1]
中国网成盘中涨超13% 拟溢价约4.34%向主席周振林发行约1.12亿股认购股份