Jingtai Holdings Raises HKD 2.65 Billion via Share Placement

Hong Kong-listed company Jingtai Holdings has closed a significant share placement, raising HK$ 2.65 billion. The placement price, set at HK$ 9.28 per share, represents a premium of approximately 75.8% compared to the initial public offering price. These funds will support operations, product development, acquisitions, and exploration of innovative financial tools like real-world assets (RWA) and real data assets (RDA). Additionally, Jingtai plans to develop new blockchain-based business initiatives.