Kaisa Group Holdings Ltd. (01908.HK) plans to offer a discount of approximately 8.88% for its rights issue, raising approximately HK$1.011 billion.

The Intelligent Financial News App reported that Jianfa International Group (01908.HK) announced that on July 22, 2025, the controlling shareholder of the company, Yieneng International Limited (the seller), the company, and the placement agent entered into a placement and subscription agreement. According to this agreement, the seller intends to sell 64.6 million existing shares at HK$15.80 per share through the placement agent, and the seller will subscribe for 64.6 million new shares from the company at HK$15.80 per share. The placement price of HK$15.80 per share represents a discount of approximately 8.88% from the closing price of HK$17.34 per share reported on the Hong Kong Stock Exchange on July 22, 2025.