Infini Emerges as Sole Buyer in String of China Share Placements

A Hong Kong-based investment firm is reaping rapid gains by snapping up Chinese equities through high-profile share placements amid a surging stock market.
Infini Capital, a multi-strategy investment firm founded by Tony Chin , booked an estimated HK$240 million ($31 million) in gains just a day after subscribing to a private placement of shares in software provider WeimobBloomberg Terminal on Wednesday. Earlier this week, its investment in GCL Technology Holdings Ltd. delivered about HK$900 million in three days as the stock rose more than 6% over the period.