Core Viewpoint - 德祥地产's stock surged over 70% following the announcement of a share placement to Liu Haoran's Ruikai Group, indicating strong market reaction to the strategic move [1] Group 1: Share Placement Details - 德祥地产 announced the issuance of 100.8 million shares to Ruikai Group at a subscription price of HKD 0.7 per share, representing a discount of approximately 16.67% compared to the previous closing price of HKD 0.84 [1] - The newly issued shares will have a 12-month lock-up period, and 德祥地产 plans to appoint Liu Haoran as an executive director after the completion of the placement [1] Group 2: Use of Proceeds - The net proceeds from the placement are approximately HKD 68.76 million, which the company intends to use for strategic transformation and upgrading of its traditional real estate business through integration into the Web3 ecosystem [1] - The funds will also support strategic projects and resources that benefit core business development and capital structure optimization, as well as expand strategic partnerships and regional market coverage, and for general working capital [1]
港股异动 | 德祥地产(00199)复牌飙升逾70% 公司折价向瑞凯集团配股 拟融入Web3.0生态系统实现业务转型