The Zhitong Finance App learned that Coolpad Group (02369) rose more than 11% in early trading. As of press release, it rose 9.3% to HK$0.047, with a turnover of HK$3,047,600.
According to the news, recently, a Coolpad phone with the model CP3AT2 successfully passed the network access certification of the Ministry of Industry and Information Technology of China, and the phone's ID photo and parameter information have been released. The market expects the new product to be released soon.
According to reports, Coolpad Group previously announced that it plans to issue a total of 2.73 billion subscribed shares. The net proceeds are estimated to be about 89 million Hong Kong dollars. It plans to use 90% to meet the Group's expansion of mobile phone business in China and generate new supply chain procurement needs. Furthermore, on August 27, Saints Aura Investment Holdings Limited increased its OTC holdings of Coolpad Group by 818 million common shares, worth about HK$26.994 million. The ratio of good positions increased from 0.00% to 5.99%.