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Anchorstone Holdings Limited ( (HK:1592) ) just unveiled an update.
Anchorstone Holdings has provided supplemental information on its recent change of auditors, clarifying the process and rationale behind replacing RSM Hong Kong with GSHK as external auditor. The company stressed that the transition was initiated by the outgoing auditor, involves comparable audit scope and staffing, and is not expected to disrupt the audit timetable or impact the Group’s 2025 annual results reporting.
The audit committee detailed a November–December 2025 sequence in which RSM Hong Kong decided not to continue due to professional risk considerations around a prior going-concern disclaimer, internal resource reallocation, and its fee expectations. Anchorstone noted that the new auditor’s fee is lower and viewed as aligned with the Group’s reduced scale and fewer construction projects, while confirming there were no disputes with the former auditor and no material impact expected on the Group’s audit or stakeholders.
More about Anchorstone Holdings Limited
Anchorstone Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through its subsidiaries as a construction-focused group. The Group undertakes construction projects and related activities, with its current operational scale described as having decreased, including a downsizing in the number and scope of construction projects under audit.
Average Trading Volume: 1,568,337
Technical Sentiment Signal: Sell
Current Market Cap: HK$208.5M
For a thorough assessment of 1592 stock, go to TipRanks’ Stock Analysis page.