China Minsheng Financial Holding Corporation Limited (02453.HK) plans to discount approximately 16.94% to sell 48.7236 million shares, raising approximately HK$259 million net.

Wisdom Finance APP news, China Jiahua (02453.HK) announced that on July 22, 2025 (before the trading session), the company entered into a placement agreement with placement agents. The company intends to place 487.236 million shares of placement shares to no less than six underwriters through placement agents, at a price of 5.54 Hong Kong dollars per share, a discount of approximately 16.94% from the closing price of H shares on July 21, 2025 reported by the Hong Kong Stock Exchange.