According to Caixin, ZhongAn Online announced the completion of the placement of a total of 215 million new H shares, raising a total of 3.924 billion Hong Kong dollars. The allocation price is 18.25 Hong Kong dollars per share, accounting for 13.15% of the enlarged H shares and 12.76% of the total number of issued shares. Since May this year, ZhongAn Online's share price has begun to rise significantly, which is mainly benefited from Hong Kong's new stablecoin policy and its 43.43% stake in Zho...