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Gold Prices Hit 1-mth High After Soft CPI Data Dents Dollar
International gold prices have surpassed 2,700 dollars, with LINGBAO GOLD leading the Hong Kong stock market's Golden Industrial Concept.
① What is the reason for the overnight rise in international gold prices? ② Is there another reason for Zijin Mining Group's rebound after a decline?
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LOCO HK (08162.HK) plans to conduct a placement at a discount of approximately 15.79% for up to 0.166 billion shares, raising a net amount of 78.8728 million Hong Kong dollars.
Gelonghui, January 3rd丨LOCO HK (08162.HK) announced that on January 3, 2025, the company entered into a placement agreement with the placement agent, whereby the placement agent (acting on behalf of the company) agrees to use its best efforts to arrange for no less than six subscribers (who and their ultimate beneficial owners will be independent third parties) to subscribe for up to 165,880,800 placement shares at a price of HKD 0.48 per share. Assuming that there is no change in the company's issued shares from the date of this announcement until the deadline, the maximum of 165,880,800 placement shares will account for 20% of the company's existing issued shares;