The Zhitong Finance App learned that Buck 1798 Group (01010) surged more than 9%. As of press release, it had risen 9.21% to HK$0.41, with a turnover of HK$1.5 million.
According to the news, Buck 1798 Group recently announced that all the prerequisites contained in the placement agreement have been met, and the placement matters were completed on January 17, 2024 in accordance with the terms and conditions of the placement agreement. A total of 74.049 million placed shares (equivalent to approximately 16.67% of the company's issued share capital immediately after completion on the date of this announcement) have been successfully placed to no less than six undertakers at an placement price of HK$0.56 per share. The net proceeds from the placement are approximately HK$40 million after deducting all related expenses (including but not limited to placement commissions, legal expenses and advance fees).
CICC believes that looking ahead to 2024, consumer terminal shipments will return to moderate growth, rising domestic chip prices, and high-end product expansion are expected to drive design companies closer to new highs. Furthermore, AI topics are expected to continue to be the focus of investors' attention.