--- title: "Shandong Molong rises 3% amid capital moves" type: "News" locale: "en" url: "https://longbridge.com/en/news/294016340.md" description: "Shandong Molong (568.HK) climbed 3.15% to HK$5.40 during trading, boosted by Barclays stake increase and recent rights issue." datetime: "2026-07-28T05:58:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294016340.md) - [en](https://longbridge.com/en/news/294016340.md) - [zh-HK](https://longbridge.com/zh-HK/news/294016340.md) generator: "portal-rs" --- # Shandong Molong rises 3% amid capital moves Shandong Molong (568.HK) **rose** **3%** in Hong Kong trading to **HK$5.400**. The stock gained after Barclays increased its holding by approximately **6.15 million shares** on July 20 at roughly **HK$5.90** per share, raising its stake to **6.49%**. Additionally, the company announced a private placement of up to **25.68 million new H-shares** on July 22 at **HK$4.58** per share, a discount of about **19%**, netting approximately **HK$116 million** to repay debts. ### Related Stocks - [00568.HK](https://longbridge.com/en/quote/00568.HK.md) ## Related News & Research - [Berkshire Hathaway Just Sold 3 Bank Stocks. Here’s Why Investors Should Take Notice](https://longbridge.com/en/news/297771081.md) - [Berkshire Hathaway CEO Sees Alphabet as Key Participant in AI Sector After USD17B Stake Increase in 2Q](https://longbridge.com/en/news/297844672.md) - [Berkshire CEO Greg Abel discusses Japan, Google and AI, housing, consumers](https://longbridge.com/en/news/297773097.md) - [Greg Abel Says Berkshire Will Serve the Hyperscalers Only If Its Other Customers Don't Pay for It](https://longbridge.com/en/news/298120385.md) - [BUZZ-Principal Financial Group jumps after report Samsung Life eyeing stake](https://longbridge.com/en/news/297938220.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**