Guangdong-Hong Kong to Acquire AI Firm for HK$977 Million in Shares; Shares Surge 30%

MT Newswires Live

Jul 30, 2025

Guangdong-Hong Kong Greater Bay Area (HKG:1396) has agreed to acquire Wisdom Knight, a BVI-based AI firm, from Champion Road Group, for HK$976.5 million, according to a Wednesday Hong Kong bourse filing.

The consideration will be settled by issuing 310 million new shares at HK$3.15 each under a specific mandate.

Upon completion, Wisdom Knight will become a wholly owned subsidiary, and its financials will be consolidated.

The issue price was negotiated on an arm's length basis and represents a 2,323% premium to the group's net asset value per share as of end-2024, and a nearly 11.3% discount to the last closing price.

Upon completion, Guangdong-Hong Kong will issue 310 million new shares to Champion Road, giving it a 27.6% stake in the enlarged share capital, while the controlling shareholder China GBA Holdings' interest will be diluted to 36.9%.

Shares of the property developer soared nearly 30% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2555096821"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2555096821\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2555096821?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-30 10:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2555096821","market":"sh","top_or_hot":-1,"title":"Guangdong-Hong Kong to Acquire AI Firm for HK$977 Million in Shares; Shares Surge 30%","media":"MT Newswires Live","content":"<html><body><p> Guangdong-<a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a> Greater Bay Area (HKG:1396) has agreed to acquire Wisdom Knight, a BVI-based AI firm, from Champion Road Group, for HK$976.5 million, according to a Wednesday Hong Kong bourse filing.</p><p>The consideration will be settled by issuing 310 million new shares at HK$3.15 each under a specific mandate.</p><p>Upon completion, Wisdom Knight will become a wholly owned subsidiary, and its financials will be consolidated.</p><p>The issue price was negotiated on an arm's length basis and represents a 2,323% premium to the group's net asset value per share as of end-2024, and a nearly 11.3% discount to the last closing price.</p><p>Upon completion, Guangdong-Hong Kong will issue 310 million new shares to Champion Road, giving it a 27.6% stake in the enlarged share capital, while the controlling shareholder China GBA Holdings' interest will be diluted to 36.9%.</p><p>Shares of the property developer soared nearly 30% in recent trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Guangdong-Hong Kong to Acquire AI Firm for HK$977 Million in Shares; Shares Surge 30%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGuangdong-Hong Kong to Acquire AI Firm for HK$977 Million in Shares; Shares Surge 30%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-07-30 10:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Guangdong-<a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a> Greater Bay Area (HKG:1396) has agreed to acquire Wisdom Knight, a BVI-based AI firm, from Champion Road Group, for HK$976.5 million, according to a Wednesday Hong Kong bourse filing.</p><p>The consideration will be settled by issuing 310 million new shares at HK$3.15 each under a specific mandate.</p><p>Upon completion, Wisdom Knight will become a wholly owned subsidiary, and its financials will be consolidated.</p><p>The issue price was negotiated on an arm's length basis and represents a 2,323% premium to the group's net asset value per share as of end-2024, and a nearly 11.3% discount to the last closing price.</p><p>Upon completion, Guangdong-Hong Kong will issue 310 million new shares to Champion Road, giving it a 27.6% stake in the enlarged share capital, while the controlling shareholder China GBA Holdings' interest will be diluted to 36.9%.</p><p>Shares of the property developer soared nearly 30% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01396","symbol_name":"粤港湾控股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2555096821","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555096821","pubTimestamp":1753842854,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Guangdong-Hong Kong Greater Bay Area  has agreed to acquire Wisdom Knight, a BVI-based AI firm, from Champion Road Group, for HK$976.5 million, according to a Wednesday Hong Kong bourse filing.The consideration will be settled by issuing 310 million new shares at HK$3.15 each under a specific mandate.Upon completion, Wisdom Knight will become a wholly owned subsidiary, and its financials will be consolidated.The issue price was negotiated on an arm's length basis and represents a 2,323% premium to the group's net asset value per share as of end-2024, and a nearly 11.3% discount to the last closing price.Upon completion, Guangdong-Hong Kong will issue 310 million new shares to Champion Road, giving it a 27.6% stake in the enlarged share capital, while the controlling shareholder China GBA Holdings' interest will be diluted to 36.9%.Shares of the property developer soared nearly 30% in recent trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01396":"粤港湾控股","BK1541":"物流","BK1240":"房地产开发"},"translate_title":"粤港将以9.77亿港元入股收购AI公司；股价飙升30%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01396":0.9},"content_text":"Guangdong-Hong Kong Greater Bay Area (HKG:1396) has agreed to acquire Wisdom Knight, a BVI-based AI firm, from Champion Road Group, for HK$976.5 million, according to a Wednesday Hong Kong bourse filing.The consideration will be settled by issuing 310 million new shares at HK$3.15 each under a specific mandate.Upon completion, Wisdom Knight will become a wholly owned subsidiary, and its financials will be consolidated.The issue price was negotiated on an arm's length basis and represents a 2,323% premium to the group's net asset value per share as of end-2024, and a nearly 11.3% discount to the last closing price.Upon completion, Guangdong-Hong Kong will issue 310 million new shares to Champion Road, giving it a 27.6% stake in the enlarged share capital, while the controlling shareholder China GBA Holdings' interest will be diluted to 36.9%.Shares of the property developer soared nearly 30% in recent trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}