SEHK:2228Life Sciences
Assessing XtalPi Holdings (SEHK:2228) Valuation After Strong AI Rally And Recent Profit Taking
Why XtalPi’s recent bond deal matters for equity investors
XtalPi Holdings (SEHK:2228) recently announced a HK$2.866b zero coupon bond offering, while its shares saw profit taking after a strong past 3 months, as investors reassess AI drug discovery exposure.
The bond is an unsubordinated, unsecured, callable zero coupon note priced at 100% of principal and due January 26, 2027. It was issued under Regulation S, which keeps equity investors focused on how the company allocates this fresh...