Sina Technology News On the morning of June 28, Gome Retail issued an announcement on the Hong Kong Stock Exchange, saying that the company entered into a placing agreement with the placing agent and the seller for placing and subscription.The placing agent has agreed to make an endeavour to place 1.96 billion existing shares at the placing price of HK$0.4 per share.Pursuant to the agreement, the Vendor has conditionally agreed to subscribe for the same number of new shares at the subscription price as the number of Placing Shares placed by the Placing Agent.After deducting related fees and expenses, it is estimated that the net proceeds to be received by the Company from the Subscription will be approximately HK$776 million.