• China New Holdings issued a clarification on its July 23 placing announcement, citing a typographical error on the use of proceeds.
• Net proceeds of about HK$7.41 million are now earmarked for working capital across its financial services and engineering businesses.
• Remaining funds of about HK$1.71 million are allocated to general corporate and administrative expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China New Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260730-12261390), on July 30, 2026, and is solely responsible for the information contained therein.