DL Holdings Share Placement to Raise HK$653M for Blockchain Push

robot
Abstract generation in progress

According to an announcement dated August 07, 2025, DL Holdings Group Limited plans to raise HK$653.3 million via share placement and subscription agreement, involving the sale and repurchase of shares at HK$2.95

It is worth noting that the company intends to raise funds by selling shareholders offloading existing shares to at least 6 buyers through placing agents, and the funds will be primarily used to support blockchain initiatives.

In the filing with the Hong Kong Stock Exchange, DL Group said the shares being placed represent nearly 13.58% of the company’s currently issued share capital.

With the announcement of fundraising, a sudden decline in the trading price of DL Holdings Group Ltd stock has been noted

On August 06, 2025, it opened trading near HKD$3.40, but by the session it fell to HKD$3.35. But in the August 07 trading session, it opened at HKD$3.10 and, till writing, has tested a low of HKD$3.04.

A detailed overview of DL Holdings Group Ltd stock and finance

According to the data from TradingView, HKG:1709 lost 13.11% of its trading price in the 5-day trading frame, and in a quarter, it lost 5.86%.

Source: TradingView

In almost all time frames, its prices seem to be red, with a loss of 35.24% in the past 6 months, a 44.44% loss in the YTD frame, and around 27.99% in the past 52 weeks.

With these losses in trading prices, DL Holdings stock has fallen below its 20-day, 50-day, 100-day, and 200-day exponential moving averages. Per the data, 980.74 million DL shares are closely held and around 502.55 million free floating, and the company’s market capitalization is HKD$4.52 billion.

DL Holdings Group reports revenue semiannually, and in H1 2024, the revenue was HKD$83.05 million with net income of HKD$7.75 million, including a net margin of 9.33%.

And in H2, 2024, the revenue was HKD$106.61 million, with a net income of HKD$129.06 million and a net margin of 121.06%

In the entire 2024 its HKD$109.32 million was generated from financial services and licensed business, followed by HKD$53.43 million from family offices services, money lending helped to gather HKD$12.71 million, around HKD$9.19 million from enterprise solutions, and HKD$5.10 million from apparel products.

The reported debt in 2024 was HKD$209.46 million, with free cash flow of negative HKD$99.97 million, and cash & equivalents were HKD$90.08 million.

Execution-first marketing. Own every Web3 feed with Koinpr.com.

IN0.34%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)