Changes in Hong Kong stocks | Quantifiers (02685) rose more than 5% in the afternoon and proposed a discount of about 15.32% to issue and place shares to raise about HK$162.6 million

The Zhitong Finance App learned that the quantifier (02685) rose more than 5% in the afternoon. As of press release, it had risen 4.65% to HK$4.045, with a turnover of HK$67.425 million.

According to the news, Quantifier announced that on September 16, 2026, the Company entered into a placement agreement with the Joint Placing Agent. The Company agreed to appoint a joint placement agent, and each joint placement agent conditionally agreed to act as the Company's agent to do its best to induce no less than six undertakers to subscribe for up to 485.294 million shares at the placement price of HK$3.40 per share.

The placement price of HK$3.40 per share was discounted by about 15.32% compared to the closing price of HK$4.015 per share reported on the Stock Exchange on September 16, 2026. Placed shares accounted for approximately 8.54% of the expanded issued share capital of the Company. Assuming that all of the placed shares are placed, the total proceeds from the placement are expected to be approximately HK$165 million, while the net proceeds from the placement are expected to be approximately HK$162.6 million, which means that the net placement price of each placed share is estimated to be approximately HK$3.35 million.