News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
SENSETIME-W Dives ~4% on HKD3.23B Shr Placement at 8.6% Discount
SENSETIME-W (00020.HK) proposed to place 1.7 billion new Class B shares to no fewer than six placees, representing approximately 4.09% of the enlarged total number of Class B share...
Reset
Send
The window will close in 5 seconds
SENSETIME-W Dives ~4% on HKD3.23B Shr Placement at 8.6% Discount
Close
Recommend
26
Positive
35
Negative
26
 
 

SENSETIME-W (00020.HK)  -0.010 (-0.562%)    Short selling $173.03M; Ratio 26.987%   proposed to place 1.7 billion new Class B shares to no fewer than six placees, representing approximately 4.09% of the enlarged total number of Class B shares. The placing price is HKD1.91 per share, representing a discount of about 8.61% to yesterday's (16th) closing price of HKD2.09.

The news weighed on the company's share price, which opened 2.39% lower today (17th) and once bottomed at HKD1.99. It last posted at HKD2.01, down 3.83%, with a turnover of 67.053 million shares, involving HKD135 million.

Related News CMSI: Alibaba Cloud In-house Chip Progress Beats Expectations; Certainty of High Growth in AI Cloud Revenue Strengthens
The company expected net proceeds of approximately HKD3.23 billion from the placing.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.