Dingshi Capital plans to raise HKD 5.3 million through equity financing for virtual asset related businesses

According to Foresight News, Hong Kong listed company Dingshi Capital has announced its intention to raise up to approximately HKD 60.7 million through the issuance of up to 36.546 million rights issue shares. Assuming the rights issue is fully subscribed, the net proceeds from the rights issue (after deducting expenses) are estimated to be approximately HKD 57.6 million, of which approximately HKD 5.3 million will be used for the potential acquisition of virtual licenses allowed by the Securities and Futures Ordinance or for potential applications for virtual asset (such as cryptocurrency) trading licenses.