Shiteng Holdings raised approximately HK$273 million through the issuance of convertible bonds to support the development of the RWA tokenization framework

Foresight News reported that Lion Holdings, a Hong Kong-listed company, will issue mortgage-backed convertible bonds due in 2026 to raise approximately HK$273 million (US$35 million). At present, it has signed an agreement with asset management company LMR Partners to subscribe for relevant bonds. The final net fundraising amount is approximately US$33,565,000 (approximately HK$260,800,000). The funds will be used to support the development of its digital finance and RWA tokenization framework.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice from this platform. This platform does not make any guarantees about the accuracy, completeness, originality and timeliness of the information in the article, nor is it responsible for any losses caused by the use or reliance of the information in the article.