---
title: "Sanhuan Group falls 4% after raising HK$2.35b via placement and convertible bonds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292425108.md"
description: "Sanhuan Group (6951.HK) dropped 4.29% during Hong Kong trading after completing a placement and convertible bond issuance to raise HK$2.35 billion."
datetime: "2026-07-13T02:00:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292425108.md)
  - [en](https://longbridge.com/en/news/292425108.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292425108.md)
---

# Sanhuan Group falls 4% after raising HK$2.35b via placement and convertible bonds

Sanhuan Group (6951.HK) fell 4.29% during regular trading to HK$100.500.

The decline comes as the company recently completed a placement and issued convertible bonds, raising approximately HK$2.35 billion and attracting top global institutional investors to optimize its shareholder structure.

Additionally, Sanhuan signed a strategic memorandum of understanding with Italian technical services group Lutech to develop AI transition solutions compliant with EU regulations, marking a significant step in expanding its data tokenization capabilities into European markets.

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