HK Stock Market Move | Kingkey Financial International (01468) is now up more than 6%, and starting today, it will be included in the Hong Kong stock connect list. The company recently raised over HK$74 million through a rights issue.

(01468) is currently up more than 6%, with a gain of 8.43% at the time of publication, trading at 0.45 Hong Kong dollars with a trading volume of 16.8342 million Hong Kong dollars. On the news front, on September 19th, the Shenzhen Stock Exchange announced that due to Jing Ji Financial International's simultaneous trading of merged shares, the list of Hong Kong Stock Connect securities will be adjusted and will take effect from September 19, 2024, with Jing Ji Financial International being included. In terms of news, earlier this month, Jing Ji Financial International announced its intention to sell up to 183 million shares at a price of 0.41 Hong Kong dollars per share. The estimated net proceeds from the sale are approximately 74.12 million Hong Kong dollars. The announcement stated that twenty percent of the proceeds from the sale will be used for investment in green energy projects, twenty percent for artificial intelligence (AI) projects, and the rest will supplement the group's operating funds.