Core Viewpoint - New City Development (01030) has seen a stock price increase of over 3%, currently trading at HKD 2.57, following the announcement of a subscription agreement with Blockchain Metaverse Academy Pty Ltd for the issuance of approximately 19.35 million shares at a subscription price of HKD 2.5845 per share, representing a premium of about 4.2% over the last trading price [1] Group 1 - The subscription agreement is set to be executed by August 31, 2025, with a net fundraising of approximately HKD 49.4 million, which will be fully allocated for the company's strategic deployment in the RWA application field [1] - The agreement introduces Blockchain Metaverse Academy as a new strategic partner, which has extensive experience in the digital asset sector and a proven track record in the RWA field [1] - The strategic partnership is expected to significantly reduce the risks and costs associated with independently exploring RWA applications, thereby enhancing the speed and efficiency of innovation in this area [1]

Core Viewpoint - New City Development (1030.HK) announced a placement of 19.3461 million new shares, representing approximately 0.27% of the enlarged share capital, at a price of HKD 2.5845 per share, which is a premium of 4.21% over last Friday's closing price of HKD 2.48, raising approximately HKD 50 million, with a net amount of about HKD 49.4 million, all of which will be used for the company's strategic deployment in the Real World Asset (RWA) application field [1] Group 1 - The company plans to leverage its business expertise combined with RWA tokenization technology to accelerate its strategic deployment in the RWA application field [1] - The subscription will introduce a new strategic partner who has extensive experience in the digital asset field, particularly in RWA, which is expected to significantly reduce the risks and costs associated with independently exploring RWA applications [1] - This strategic partnership is anticipated to enhance the group's liquidity and financial condition, optimize the company's capital structure, and support its healthy and sustainable development [1]

Core Viewpoint - New City Development (01030) has entered into a subscription agreement with Blockchain Metaverse Academy Pty Ltd to issue approximately 19.3461 million subscription shares at a price of HKD 2.5845 per share, representing a premium of about 4.2% over the closing price of HKD 2.480 on August 29, 2025 [1] Group 1 - The subscription is expected to raise approximately HKD 49.4 million, which will be fully allocated for the company's strategic deployment in the RWA application field [1] - The agreement introduces the subscriber as a new strategic partner, who has extensive experience in the digital asset sector and advantages in the RWA field [1] - The strategic partnership is anticipated to significantly reduce the risks and costs associated with independently exploring RWA applications, thereby enhancing the speed and efficiency of innovation in this area [1]