Latest data from the Hong Kong Stock Exchange shows that on December 5, a shareholder of CHINA INFO TECH (08178) deposited shares into Baoxin Securities, with a market value of HK$3.85 million, accounting for 13.9% of holdings.
The company announced that all conditions under the placement agreement have been fulfilled, and the placement was completed on December 5, 2025. The placing agent successfully allocated a total of 14 million placement shares at HK$0.28 per share to no fewer than six placees in accordance with the terms of the agreement.