CARSGEN-B Opens 6.48% Lower on Net Proceeds of HKD462M from Share Placement
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CARSGEN-Bopened 6.48% lower at HKD20.5 after conducting a share placement that raised net proceeds of approximately HKD462 million. The placement involved 23.7 million shares at a price of HKD19.84, a 9.49% discount to the previous closing price of HKD21.92. Short selling reached $18.75M with a ratio of 12.557%. Pre-market trading saw 23.7665 million shares exchanged, totaling HKD472 million.
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