Jingtai Holdings completed HK$2.65 billion new share allocation financing, which will be used to explore the application of RWA and develop new blockchain businesses

According to Foresight News, according to Zhitong Finance, Hong Kong-listed company Jingtai Holdings (02228.HK), a new share allotment price of HK$2.65 billion, was set at HK$9.28 per share, a premium of approximately 75.8% over the IPO issue price. According to the announcement, in addition to being used for company operations, product research and development, and mergers and acquisitions, the funds will also explore the application of innovative financial tools such as RWA (real world assets) and RDA (real data assets) to develop new blockchain businesses.
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