Tianshu Wisdom Chip (09903.HK) intends to discount approximately 15% to distribute 14.857 million shares, raising approximately HK$7.034 billion net.

date
09/07/2026
Wisdom Finance News APP, Tianshu Smart Core (09903.HK) announced that on July 9, 2026 (before the trading session of the Hong Kong Stock Exchange), the company entered into a placement agreement with the placement agent. According to this, subject to certain conditions, the placement agent has agreed, on a best efforts basis and not jointly or jointly and severally, to use its best efforts as agent to procure not less than six placing persons to purchase a total of 14.857 million new H shares in accordance with the terms of the placement agreement and subject to its conditions, at a placement price of HK$476.00 per H share, representing a discount of approximately 15.00% from the closing market price of HK$560.00 per H share on the last trading day on the Hong Kong Stock Exchange.