增发

增發
zēngfā
verb

Meanings

  1. 1 to issue additional (shares / currency)
  2. 2 secondary offering

Examples

Gōngsī xuānbù zēngfā xīngǔ róngzī.
The company announced a secondary offering of shares for financing.
Yāngháng zēngfā huòbì kěnéng yǐnqǐ tōngzhàng.
The central bank issuing more currency may cause inflation.

Tips

usage
In equity markets, 增发 is the Chinese equivalent of a 'follow-on' or 'secondary offering' — a listed company issues new shares after IPO. Subdivided into 定向增发 (private placement) and 公开增发 (public offering). Distinct from 发行 (initial issuance).

Stroke Order

zēng