Hope Bay Technologies (02440.HK) plans to offer approximately 49.7% discounted rights issue at a ratio of "2 for 1", with a maximum net proceeds of approximately HK$153 million.

The Zhtng Finance APP news reported that Haojing Technology (02440.HK) announced that the company proposes to offer 1 new share for every 2 existing shares held by eligible shareholders on the record date. The subscription price for each new share is 1.262 Hong Kong dollars. The company plans to issue up to 122,659,756 new shares (assuming no changes in the number of shares issued on or before the record date). The subscription price represents a discount of approximately 49.7% to the closing price of 2.51 Hong Kong dollars per share on the last trading day on the Stock Exchange. The company expects to raise a total of up to approximately 154.8 million Hong Kong dollars from this offering.