TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Chiho Environmental Group Limited ( (HK:0976) ) is now available.
Chiho Environmental Group Limited has filed a writ with the High Court of Hong Kong against the appointment of receivers over certain subsidiaries’ shares, which the company deems invalid. This legal action follows a series of financial challenges, including a payment default on a significant loan, and has resulted in the suspension of trading of the company’s shares, prompting caution among shareholders and investors.
More about Chiho Environmental Group Limited
Chiho Environmental Group Limited operates in the environmental services industry, focusing on the recycling and processing of scrap metals and other resources. The company is engaged in providing sustainable solutions for waste management and resource recovery, primarily targeting markets that require efficient recycling processes.
Average Trading Volume: 735,888
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$690.2M
Learn more about 0976 stock on TipRanks’ Stock Analysis page.