- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Lianlian Digits Plans to Raise Approximately HKD 394 Million through Preferential Placement, for Blockchain, AI, and Other Technology Applications
BlockBeats News, July 13th. LianLian Digital (02598.HK) announced that on July 12, 2025, it entered into a placement agreement with a placement agent to privately place 38.4 million new H shares at HK$10.25 per share to no fewer than six independent professional individuals, institutions, and/or other investors.
The announcement stated that assuming full subscription of the placement shares, the total gross proceeds from the placement are expected to be approximately HK$394 million. The Company intends to use the net proceeds for innovation and application of blockchain and other innovative technologies in the global payment field, global business and license expansion, and general corporate purposes. LianLian Digital stated that this placement will help accelerate business innovation, enhance capabilities and applications in new technologies such as blockchain and AI, and expand application scenarios, strengthening its global strategic business layout.
Established in 2009, LianLian Digital is one of the first digital technology companies in China to provide comprehensive payment solutions globally. It successfully went public on the Main Board of the Hong Kong Stock Exchange on March 28, 2024, mainly offering digital payment services and value-added services.
You may also like
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition
That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze
Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path
Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"
Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments
From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units
Why is OpenAI playing catch-up to Claude Code instead?
Vitalik wrote a proposal teaching you how to secretly use AI large models
The doubling of Circle's stock price and the paradigm shift of stablecoins
Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report
On-Chain Options Explosion.ActionEvent
《Time》 Magazine Names Anthropic as the World's Most Disruptive Company
Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?
500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain
Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.
Vitalik wrote a proposal teaching you how to secretly use AI large models
On the eve of the explosion of on-chain options
WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.
App