---
title: "CHINASINOSTAR issues new shares at a discount of 6.25%, raising a net amount of 12.35 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/268857594.md"
description: "CHINASINOSTAR announced that it will issue a total of 42 million new shares to an independent third party, equivalent to an enlarged share capital of 16.48%; the price per share is HKD 0.3, representing a discount of 6.25% compared to the last trading day (5th). The total amount raised is HKD 12.6 million, with a net amount of HKD 12.35 million, intended for funding requirements for property development projects and cash flow"
datetime: "2025-12-07T11:44:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268857594.md)
  - [en](https://longbridge.com/en/news/268857594.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268857594.md)
---

# CHINASINOSTAR issues new shares at a discount of 6.25%, raising a net amount of 12.35 million yuan

CHINASINOSTAR (00485.HK) announced that it will issue a total of 42 million new shares to an independent third party, equivalent to 16.48% of the enlarged share capital; the price per share is HKD 0.3, representing a discount of 6.25% compared to the last trading day (5 days ago). The total amount raised is HKD 12.6 million, with a net amount of HKD 12.35 million, intended for funding needs of property development projects and cash flow

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