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SENSETIME-W Opens 3.6% Lower after Planning 8%+ Discounted Shr Placing
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SENSETIME-W (00020.HK) opened 3.55% lower at HKD1.9. The trading volume was 11.446 million shares, involving HKD21.747 million.

SENSETIME-W proposed to place 1.75 billion new Class B shares, representing 4.4% of the enlarged issued Class B shares and 4.3% of the enlarged issued shares, at the Placing Price of HKD1.8 per Placing Share, an 8.6% discount compared to yesterday's (17th) closing price of HKD1.97. The gross proceeds amount to HKD3.15 billion.
AASTOCKS Financial News
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