---
title: "QuantPian Plunges Over 21% After Placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294012256.md"
description: "QuantPian (2685.HK) tumbled more than 21% in Hong Kong trading to HK$10.80 after raising about HK$60 million via share placement."
datetime: "2026-07-28T05:10:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294012256.md)
  - [en](https://longbridge.com/en/news/294012256.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294012256.md)
generator: "portal-rs"
---

# QuantPian Plunges Over 21% After Placement

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.

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- [02685.HK](https://longbridge.com/en/quote/02685.HK.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**