HUANXI MEDIA Shareholder Deposits Shares with Soochow Securities International, Valued at HKD 186 Million

Stock News

05/22

According to the latest information from the Hong Kong Stock Exchange, on May 21, a shareholder of HUANXI MEDIA (01003) deposited shares with Soochow Securities International. The deposited shares have a market value of HKD 186 million, representing 16.6% of the holdings.

HUANXI MEDIA announced that on May 19, 2026, the company entered into a subscription agreement with Phancy International Limited (the subscriber), a wholly-owned subsidiary of Phancy Intelligence (06682). The subscriber has conditionally agreed to subscribe, and the company has conditionally agreed to allot and issue 731 million subscription shares to the subscriber at a subscription price of HKD 0.275 per share.

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The deposited shares have a market value of HKD 186 million, representing 16.6% of the holdings.</p>\n<p>HUANXI MEDIA announced that on May 19, 2026, the company entered into a subscription agreement with Phancy International Limited (the subscriber), a wholly-owned subsidiary of Phancy Intelligence (06682). 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