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QuantPian Plunges Over 21% After Placement

HK Stock Market Update
Jul 28, 2026 at 05:10 AM

QuantPian (2685.HK) plunged over 21% during regular trading to HK$10.80.

The decline follows the company's recent completion of a share placement that raised approximately HK$60 million. Despite the introduction of strategic investors, selling pressure pushed the stock down significantly. The stock previously fell more than 11% after the placement was completed, and it continued its weak performance today.

Source: HK Stock Market Update The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

QUANTGROUP

QUANTGROUP

02685.HK

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