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According to the Zhitong Finance App, China International Holdings (08118.HK) announced that on September 11, 2026, the company entered into a placement agreement with the placement agent to place up to 100 million shares to no less than six undertakers through the placement agent, at HK$0.049 per share, at a discount of 14.04% from the closing price of HK$0.057 per share on the last trading day. Assuming that all of the shares placed are fully placed, the net raise from the placement is approximately HK$4.83 million, which is to be used as the Group's general working capital.
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According to the Zhitong Finance App, China International Holdings (08118.HK) announced that on September 11, 2026, the company entered into a placement agreement with the placement agent to place up to 100 million shares to no less than six undertakers through the placement agent, at HK$0.049 per share, at a discount of 14.04% from the closing price of HK$0.057 per share on the last trading day. Assuming that all of the shares placed are fully placed, the net raise from the placement is approximately HK$4.83 million, which is to be used as the Group's general working capital.
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