Time Interconnect Technology Raises HK$1.63 Billion in Private Share Placement

Reuters

Yesterday

Time Interconnect Technology Raises HK$1.63 Billion in Private Share Placement

Time Interconnect Technology Ltd. said it completed a placing of new shares under a general mandate on Feb. 20, 2026, selling 108 million shares at HK$15.22 each to at least six independent placees. Net proceeds were about HK$1.63 billion, which the company plans to use mainly for strategic investments and acquisitions, overseas expansion and general working capital. The company noted the shares were offered to qualified institutional buyers under Rule 144A and in offshore transactions under Regulation S, and were not registered under the U.S. Securities Act.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Time Interconnect Technology Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260220-12027058), on February 20, 2026, and is solely responsible for the information contained therein.

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.

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ID: HKEX-EPS-20260220-12027058), on February 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1961090484.USD","symbol_name":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260220:nNDL7Wjfgc:1","article_id":"2612269642","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612269642","pubTimestamp":1771587195,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Time Interconnect Technology Ltd. said it completed a placing of new shares under a general mandate on Feb. 20, 2026, selling 108 million shares at HK$15.22 each to at least six independent placees. 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Net proceeds were about HK$1.63 billion, which the company plans to use mainly for strategic investments and acquisitions, overseas expansion and general working capital. The company noted the shares were offered to qualified institutional buyers under Rule 144A and in offshore transactions under Regulation S, and were not registered under the U.S. Securities Act.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Time Interconnect Technology Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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