Jingtai Holdings completed HK$2.65 billion in new share placement financing, which will be used to explore and apply RWA and develop new blockchain businesses
On August 29, it was reported that Hong Kong-listed company Jingtai Holdings (02228.HK) completed the placement and pricing of new shares of HK$2.65 billion. The placement price was set at HK$9.28 per share, a premium of approximately 75.8% to the IPO issue price. According to the announcement, in addition to being used for company operations, product research and development, and mergers and acquisitions, the funds will also explore the application of innovative financial tools such as RWA (Real World Assets) and RDA (Real Data Assets) to develop new blockchain businesses. (Zhitong Finance)
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