HKE (HKG:1726) agreed to raise HK$26 million through the issuance of convertible bonds to third-party investor Chen Weiqin, a Tuesday Hong Kong bourse filing said.

The bonds are convertible into up to 10.4 million conversion shares at HK$2.50 apiece, representing 0.95% of the firm's enlarged issued share capital.

The design and building services provider will use proceeds from the issue to develop its fintech platform business and for general working capital.