HK-listed Unisound AI Technology falls on discounted share sale

Unisound AI Technology Co

28/05/2026 03:11

** Shares of Unisound AI Technology 9678.HK fall 7.4% to HK$263.6, post their biggest intraday pct drop since May 21 
** The China-based AI voice technology developer plans to sell 1.7 million new H-shares, or 2.28% of the enlarged share capital, to third-party investors
** Via share sale, company seeks to raise HK$387.6 million ($49.49 million) for training new-generation of "U-Series" intelligent agent-native multimodal base large model
** The new H-shares will be offered at HK$228 each, representing a 19.89% discount to Wednesday's close of HK$284.60
** YTD, Unisound stock down 33.2%, while Hang Seng TECH Index .HSTECH down 11.4%

   ($1 = 7.8318 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))