Mog DigiTech (01942) rose by over 15% again, with a cumulative increase of over 70% in the past seven trading days. As of the time of publication, it increased by 14.61%, closing at 1.02 Hong Kong dollars, with a turnover of 61.6001 million Hong Kong dollars.
According to the Wisdom Financial APP, Mog DigiTech (01942) rose by over 15% again, with a cumulative increase of over 70% in the past seven trading days. As of the time of publication, it increased by 14.61%, closing at 1.02 Hong Kong dollars, with a turnover of 61.6001 million Hong Kong dollars.
On the news front, Mog DigiTech announced that on September 16, the company would offer up to 0.155 billion shares, with the net proceeds of around 81.33 million Hong Kong dollars. Approximately 86.07% of the net proceeds will be used to expand and develop the group's insurance and fintech-related business; and about 13.93% of the net proceeds will be used for the group's general operating funds and general corporate purposes.
It is worth noting that in the past five trading days with available statistics, Mog DigiTech's shareholding through the Hong Kong Stock Connect recorded the largest increase, rising by 1.78%. As of September 26, Mog DigiTech's shareholding ratio through the Hong Kong Stock Connect reached as high as 63.94%.