Lianhua Supermarket (00980) surged more than 57%. As of press release, it rose 52.38% to HK$0.48, with a turnover of HK$2.695,500.
The Zhitong Finance App learned that Lianhua Supermarket (00980) surged by more than 57%. As of press release, it had risen 52.38% to HK$0.48, with a turnover of HK$2.695,500.
According to the news, Lianhua Supermarket announced yesterday evening that the company has signed a share subscription agreement with Bailian Group. The company plans to issue no more than 360 million new domestic shares, RMB 1.00 per share, a premium of about HK$0.315 per share over the closing price of H shares reported on the Stock Exchange on the last trading day. It is expected to raise about 360 million yuan, net raise about 358 million yuan, to be used for business ecological transformation; and increase the company's general working capital.