On May 21, Marketingforce (02556.HK) fell 5.04% in regular trading, trading at HK$39.3/share, with trading volume of HK$165 million, marking the second consecutive day of weakness.

On the news front, the company officially completed its approximately HK$5 billion strategic subscription on May 20, allotting and issuing a total of 12,333,400 new shares at HK$40.54 per share, representing approximately 4.83% of previously issued share capital. The current stock price has now fallen below the subscription price, intensifying market concerns over equity dilution. Combined with profit-taking demand following a cumulative gain exceeding 10% over the prior two trading days, selling pressure has weighed on the share price.

The subscription proceeds of approximately HK$4.997 billion net are earmarked entirely for smart computing infrastructure investment and operations, including GPU server procurement and AI data center leasing, aimed at reinforcing the company's Full-Stack Token Factory strategy.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)