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LianLian Digital Plans to Raise Approximately HK$394 Million for Global Payment Field Application of Blockchain Technology

Summary: LianLian Digital, a Hong Kong-listed company, announced the issuance of 38.4 million new H shares with a par value of RMB 1.00 per share from its registered capital. The offering price per share is HK$10.25. Assuming full subscription, the total proceeds from the offering are expected to be approximately HK$394 million. The company intends to ...

LianLian Digital, a Hong Kong-listed company, announced the issuance of 38.4 million new H shares with a par value of RMB 1.00 per share from its registered capital. The offering price per share is HK$10.25. Assuming full subscription, the total proceeds from the offering are expected to be approximately HK$394 million. The company intends to use the net proceeds for innovation and application of blockchain and other technologies in the global payment field, global business and license expansion, and general corporate purposes.

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