HK Stock Market Move | HK.AI CAPITAL(01140) rose nearly 4% Terminates rights issue and placement agreement Annual company owner's income attributable is 6.172 billion Hong Kong dollars.

HK.AI CAPITAL (01140) rose nearly 4%, at the time of writing, the increase was 2.97%, at 0.104 Hong Kong dollars, with a trading volume of 408,300 Hong Kong dollars. On the news front, HK.AI CAPITAL announced that considering the recent performance of the stock price has not been ideal, and given that the stock price has been consistently below the subscription price of 0.110 Hong Kong dollars per share, the company believes that such performance may lead to the acceptance level of the rights issue not meeting expectations. In such circumstances, the board of directors has decided to terminate the rights issue. After the trading session on July 10, 2026, the company and the underwriters have agreed to immediately terminate the underwriting agreement, and the responsibilities under the agreement have also been terminated and are no longer valid. Recently, HK.AI CAPITAL announced its annual performance for the year ending March 31, 2026. The group achieved a revenue of 217 million Hong Kong dollars, a decrease of 20.43% year-on-year; the net profit attributable to the owners of the company was 6.172 billion Hong Kong dollars, an increase of 9519.74% year-on-year; and the earnings per share were 56.46 Hong Kong cents.