HK Stock Market Move | CAMBRIDGE-B (01228) rose more than 8% in the morning, planning to issue subscription shares at a discount of approximately 19.86% to raise funds for research and development expenses of existing product lines, etc.

CANBRIDGE-B (01228) rose more than 8% in the morning, and as of the time of this report, it has risen by 8.16% to 3.05 Hong Kong dollars, with a turnover of 20.5877 million Hong Kong dollars. In terms of news, CANBRIDGE-B issued an announcement on September 15, 2025, stating that the company intends to issue a total of 9.9962 million shares of subscription shares to three subscribers (Qin Shen, Huang Xiaoting, and Wusong Capital Limited). The subscription price per share is 2.26 Hong Kong dollars, representing a discount of approximately 19.86% from the closing price of 2.82 Hong Kong dollars per share on September 15. The announcement stated that the total amount raised from the subscription will be 22.5914 million Hong Kong dollars, with an estimated net amount of 22.0914 million Hong Kong dollars. The company plans to use the net proceeds from the subscription for research and development expenses for its existing product line, as well as for the group's daily operations.