Z.AI raises HK$15.66B in placement & issues RMB20.14N in bonds X
14/09/2026 10:30
(Infocast News)    Z.AI (02513) has agreed to place 21,965,000 new H Shares at the Placing Price of HK$714.00 per Placing Share.

The total number of Placing Shares under the Placing is up to 21,965,000 new H Shares, representing approximately 4.72% of the number of Shares in issue  and approximately 4.50% of the number of Shares in issue as enlarged by the allotment and issuance of the Placing Shares. 

The Placing Price of HK$714.00 per Placing Share represents a discount of approximately 9.96% to the closing price of HK$793.00 per H Share as quoted on the Stock Exchange on September 11, 2026.

The total gross proceeds from the Placing are expected to be approximately HK$15,683.01 million, and the net proceeds from the Placing are expected to be approximately HK$15,664.13 million in aggregate. 

The Company has also agreed to issue the Bonds in an aggregate principal amount of RMB20.14 billion. 
 (WL)

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