Core Viewpoint - The company, Ocean Group (01991), experienced a significant stock price increase of over 38%, reaching HKD 1.07, following the announcement of a share placement to raise funds for business development, particularly in digital marketing [1]. Group 1: Share Placement Announcement - On July 4, Ocean Group announced a placement of 28.66 million shares at a subscription price of HKD 1.20 per share, representing a premium of approximately 90.48% over the closing price of HKD 0.630 on July 3 [1]. - The net proceeds from this placement are expected to be around HKD 34.39 million, which will be used for general working capital to support further business development [1]. Group 2: Business Development and Strategy - According to the 2024 annual report, Ocean Group is focusing on business opportunities driven by digital marketing technology [1]. - As of December 31, 2024, the company has initiated its live streaming business in the UK and plans to establish a Multi-Channel Network (MCN) business [1]. - The UK MCN business is expected to create strategic synergies with the existing digital marketing segment, leveraging the global live streaming trend to build a significant streaming brand and explore new revenue streams [1]. - Additionally, the company will continue to operate its retail business in the UK, which is projected to generate substantial cash flow for the group in 2025 [1].