Caijing's Seec Media Plunges 35% On Rights Issue For Financial Industry Investments

Shares in SEEC Media, whose stable of magazines includes the popular Chinese-language business weekly Caijing, plunged by 34% in Hong Kong yesterday after the company announced a plan to raise up to HK$638.5 million, $82.4 million, in a stock sale that will help pay for its expansion in the financial [...]

Topics:  seec media   chinese-language   caijing   hong kong   hk   financial   million   

 

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