SF HOLDING, ZA ONLINE, and several other Hong Kong stocks recently announced placements

Hong Kong stock placement refers to the act of a listed company issuing new shares or selling old shares to specific investors to raise funds without the need for additional approval from the shareholders' meeting. The rules for Hong Kong stock placement are relatively flexible, allowing for "lightning placements," which can be completed in as fast as 24 hours. In addition to ordinary placements, there are also discounted placements and "old shares first, new shares later" methods. The "old shares first, new shares later" model allows major shareholders to transfer old shares first and then issue new shares to make up the difference, further accelerating the speed of fund availability. Recently, several Hong Kong stocks have announced placements, possibly driven by factors such as improved market conditions, industry leaders tightening cash reserves, and global asset rebalancing