AMC.US is up more than 8 per cent as of Monday, Beijing time, to $14.09. the stock has risen for seven consecutive trading days and is up nearly 40 per cent since last week, Zhitong Financial APP has learned.

Earlier, the company announced that it had completed a share offering of 43 million shares, raising a total of $428 million after deducting commissions and fees. The $428 million raised will strengthen the company's liquidity position, CEO Adam Aron said in a statement.