Core Viewpoint - The recent transfer of shares for China Shangcheng (02330) indicates a strategic shift in shareholder structure, with significant implications for the company's market positioning and investor confidence [1] Group 1: Shareholder Activity - On December 2, China Shangcheng's shares were transferred from China Galaxy Securities Hong Kong to Bank of China (Hong Kong), with a market value of HKD 4.0681 million, representing 6.28% of the total shares [1] - The transfer reflects a notable change in the company's shareholder base, which may influence future investment strategies and market perception [1] Group 2: Placement Agreement - On October 28, China Shangcheng announced that all conditions of the placement agreement had been met, and the placement was completed on the same date in 2025 [1] - A total of 75.4743 million shares were successfully placed at a price of HKD 0.180 per share to three investors, which included Mr. Chen Hui, Ms. Liu Xiaoling, and Mr. Li Yanyong [1] - Following the placement, the newly issued shares accounted for approximately 16.67% of the company's expanded issued share capital [1]

Core Viewpoint - Youjia Innovation (02431) has successfully completed a placement agreement, raising approximately HKD 209 million through the issuance of new H-shares at a price of HKD 14.88 per share [1] Group 1: Placement Details - The placement involved the successful sale of a total of 14.0128 million new H-shares to no fewer than six subscribers, representing about 3.33% of the enlarged issued share capital post-placement [1] - The total proceeds from the placement amounted to approximately HKD 209 million, with a net amount of around HKD 204 million after deducting commissions and other related expenses [1] - The net price per share for the placement was approximately HKD 14.59 [1]

Group 1 - VSING has entered into a placement agreement to issue up to 150 million shares at a price of HKD 0.4 per share, subject to certain conditions being met [1] - If fully placed, the 150 million shares will represent approximately 13.91% of the existing issued share capital and about 12.21% of the enlarged issued share capital [1] - The placement price represents a discount of approximately 8.05% to the closing price of HKD 0.435 per share on December 1, 2025 [1] Group 2 - The total estimated proceeds from the placement are approximately HKD 60 million, with net proceeds expected to be around HKD 59.2 million [1] - The company plans to allocate about 50% of the net proceeds (approximately HKD 29.6 million) for the development of the VSING business segment, while the remaining net proceeds will be used for general working capital [1]

Group 1 - The core point of the article is that Kexuan Power Holdings (00476) has completed a placement agreement, with all conditions met as of December 1, 2025 [1] - On December 1, Kexuan Power Holdings announced the placement of 20 million shares at a price of HKD 0.78 per share, representing approximately 6.31% of the company's issued share capital after the placement [1] - The total market value of the shares deposited by shareholders into Huasheng Securities is HKD 18.3991 million, accounting for 6.73% [1]

Core Viewpoint - VSING (08292) has announced a placement agreement to issue up to 150 million shares at a price of HKD 0.4 per share, representing approximately 13.91% of the current issued share capital [1] Summary by Sections Placement Details - The placement will occur after the fulfillment of certain conditions and will be made to no fewer than six independent subscribers [1] - The placement price of HKD 0.4 per share reflects an approximate discount of 8.05% compared to the closing price of HKD 0.435 on December 1, 2025 [1] Financial Implications - If fully subscribed, the total gross proceeds from the placement will be approximately HKD 60 million, with a net amount of about HKD 59.2 million [1] - The company plans to allocate around 50% of the net proceeds, approximately HKD 29.6 million, for the development of VSING's business segments, while the remaining funds will be used for general working capital [1]

Core Viewpoint - ZhongAn Group (00672) announced a placement agreement to sell up to 37 million shares of ZhongAn Technology, representing approximately 7.15% of the total shares issued as of the announcement date [1] Group 1: Placement Details - The placement price is set at HKD 2.08 per share, which is a premium of about 1.96% over the closing price of HKD 2.040 on December 1, 2025 [1] - The company currently holds approximately 71.28% of the issued shares of ZhongAn Technology, and after the placement, it is expected to hold about 64.13% if all shares are successfully placed [1] Group 2: Financial Implications - The estimated net proceeds from the placement, after deducting related expenses, are approximately HKD 74.96 million [1] - The net proceeds are intended to be used for the company's general working capital [1]

Core Viewpoint - ZhongAn Group (00672) has announced a placement agreement to sell up to 37 million shares of ZhongAn Technology, representing approximately 7.15% of the total shares issued as of the announcement date [1] Group 1: Placement Details - The placement price is set at HKD 2.08 per share, which is a premium of about 1.96% compared to the closing price of HKD 2.040 on December 1, 2025 [1] - The company currently holds approximately 71.28% of the issued shares of ZhongAn Technology, and after the placement, it is expected to hold about 64.13% if all shares are successfully placed [1] Group 2: Financial Implications - The estimated net proceeds from the sale, after deducting related expenses, are approximately HKD 74.96 million [1] - The net proceeds are intended to be used for the company's general working capital [1]

Core Viewpoint - Haotian International Investment (01341.HK) announced a conditional placement agreement to issue 249,224,000 shares at a price of HKD 0.118 per share, representing approximately 2.30% of the existing issued share capital [1] Group 1: Placement Details - The placement involves 249,224,000 shares, which is about 2.30% of the current issued share capital of 10,846,152,835 shares [1] - The placement price of HKD 0.118 per share is at a premium of approximately 0.85% compared to the closing price of HKD 0.117 on the date of the agreement [1] - If all shares are fully placed, the total proceeds are estimated to be around HKD 29.4 million, with the maximum net proceeds expected to be about HKD 28.7 million [1] Group 2: Use of Proceeds - The company intends to use the estimated net proceeds from the placement for the expansion of its licensed financing and margin trading business [1]

超大现代(00682)发布公告，于2025年12月1日，本公司与配售代理订立配售协议，本公司已有条件地同 意通过配售代理按尽力基准以配售价每股配售股份0.225港元向承配人配售最多3295万股配售股份，而 该等承配人及其实益拥有人须为独立第三方。 假设于本公告日期至完成日期期间，已发行股份数目并无变动，则配售股份的最高数目3295万股相当于 扩大后的本公司已发行股本的约16.67%。配售价0.225港元较股份于配售协议日期在联交所所报收市价 每股0.265港元折让约15.09%。 假设最多3295万股配售股份已悉数获配售，所得款项总额及所得款项净额(经扣除配售佣金及其他相关 开支)预计分别约为741万港元及719万港元。本公司拟将配售事项的所得款项净额用作本集团的一般营 运资金。 ...

预计配售事项的最高所得款项总额及最高所得款项净额将分别约为1440万港元及约1420万港元。本公司 拟动用该等配售事项所得款项净额如下：(i)约720万港元或配售事项所得款项净额的50.70%拟拨作购置 机械以供租赁及营业之用;及(ii)约700万港元或配售事项所得款项净额的49.30%拟拨作本公司的金融服 务业务(包括但不限于放款业务)之用。 中国新消费集团(08275)发布公告，于2025年11月24日(交易时段后)，配售代理与本公司订立配售协议， 据此配售代理同意按尽力基准，按每股配售股份约0.10港元的价格向不少于6名承配人配售最多1.44亿股 配售股份。 假设于本公告日期至完成日期期间本公司已发行股本并无变动，则配售股份的最高数目约占本公司经配 发及发行配售股份经扩大的已发行股本约15.00%。配售股份将根据一般授权配发及发行，且将毋须获 得股东批准。配售价0.10港元乃参考股份现行市价，经本公司与配售代理公平磋商后厘定，且较于2025 年11月24日联交所所报收市价0.105港元折让约4.76%。 ...