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STOCKS | ChipIntelli Holdings Places 97.74 Million New Shares at HK$3 Each

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2026-06-24 06:17:28
ChipIntelli Holdings (2166) said it placed 97.7362 million new shares after market close at HK$3.00 per share via SDIC Securities International, according to Ming Pao.

The placing price represents a 15.01% discount to the stock’s closing price of HK$3.53. The shares were placed to no fewer than six investors.

The company expects net proceeds of about HK$291 million, which it plans to use to expand its memory and optoelectronic products businesses.
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