China Ruyi Completes HK$2,341 Million Convertible Bond Issuance

China Ruyi Holdings Limited ( (HK:0136) ) just unveiled an update.

China Ruyi Holdings Limited has successfully completed the issuance of HK$2,341 million in 3.95% convertible bonds due in 2030. The proceeds, approximately HK$2,304 million, will be allocated towards business growth and expansion, including content production and online game development, as well as general working capital. The listing of these bonds on the Hong Kong Stock Exchange is expected to be effective from April 23, 2025, enhancing the company’s financial flexibility and supporting its strategic initiatives.

More about China Ruyi Holdings Limited

China Ruyi Holdings Limited is a company incorporated in Bermuda with limited liability, primarily involved in content production, purchase of drama scripts and copyrights, and development of online game business. The company is listed on the Hong Kong Stock Exchange and focuses on expanding its business in the entertainment and media industry.

YTD Price Performance: -17.14%

Average Trading Volume: 51,895,653

Technical Sentiment Signal: Buy

Current Market Cap: HK$31.51B

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