Zhongan Online completed a HK$3.9 billion placement, and its business may benefit from Hong Kong's new stablecoin policy."
According to online reports, according to Caixin.com, Zhongan Online announced that it had completed the placement of a total of 215 million new H shares, raising a total of HK$3.924 billion. The placing price is HK$18.25/share, accounting for 13.15% of the H shares issued after the expansion and 12.76% of the total number of issued shares. Since May this year, Zhongan Online's share price has begun to rise significantly, mainly benefiting from Hong Kong's new stablecoin policy and ZA Bank, which holds 43.43%. After the Hong Kong Legislative Council passed the "Stabilizing Coin Bill", Zhong 'an Bank immediately announced that it would become the first digital bank in Hong Kong to provide exclusive reserve banking services to stablecoin issuers, and cooperated with RMB, one of the first sandbox participants in the HKMA. Coin cooperation.
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