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You Auto Innovation Launches Discounted Rights Issue, Raises HK$125M; Stock Falls 12.8%

2026-07-23 02:14:20

MINIEYE-13.64%

According to You Auto Innovation Inc. (02431), the company priced a rights issue today at HK$6.23 per share, offering up to 20.1324 million new H-shares to raise approximately HK$125 million. The offer price represents a 15% discount to yesterday's closing price of HK$7.33. By 10:10 a.m., the stock had fallen 12.8% to HK$6.39, with trading volume reaching HK$46.5 million.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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