WUXI APPTEC (02359.HK) +4.800 (+3.825%) Short selling $414.42M; Ratio 28.123% announced a proposed issuance of RMB6.78 billion USD-settled zero-coupon convertible bonds due 2027. The initial conversion price is HKD153 per H share, representing a premium of approximately 17.6% over the closing price of HKD130.1 on the previous day (14th). The bonds may be fully converted into approximately 51.147 million H shares, equivalent to about 9.11% of the enlarged total issued H share capital and about 1.69% of the enlarged total issued share capital.Based on the subscription, the estimated net proceeds are approximately USD1.023 billion. About 90% will be used for global capacity and capability expansion, while approximately 10% will be used for general corporate purposes. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.)
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