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51World Prices H-Share Placement at HK$73.2, Raising ~$400M

Stocks AI Industry News

2026-07-03 00:14:02

51World (06651) announced yesterday that it priced a placement of 5.46 million H-shares at HK$73.2 per share, raising approximately HK$400 million (net proceeds ~HK$395 million). The placement price represents an 11.97% discount to the previous close of HK$83.15. Proceeds will be used for physical AI factory infrastructure, research and development of its 51WORLD MODEL, and scaled deployment of embodied AI.

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