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Chiho Environmental Says Core Operations Steady as Forensic Probe Nears Completion

Story Highlights
  • Chiho Environmental’s global metal recycling operations remain stable and unaffected by irregularities or trading suspension.
  • The company is nearing completion of forensic and internal control reviews, a key step toward meeting share trading resumption requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chiho Environmental Says Core Operations Steady as Forensic Probe Nears Completion

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Chiho Environmental Group Limited ( (HK:0976) ) just unveiled an announcement.

Chiho Environmental Group Limited reported that its global metal recycling operations in Asia and Europe are running as usual and have not been materially affected by previously disclosed irregularities at certain group companies or by the continued suspension of trading in its shares. The company said it is making progress toward meeting regulatory resumption requirements, with an independent forensic investigation into the irregularities now at its final stage and a related internal control review close to completion; final draft reports are expected in early 2026, a key step toward addressing governance concerns and paving the way for potential trading resumption on the Hong Kong Stock Exchange.

More about Chiho Environmental Group Limited

Chiho Environmental Group Limited is one of the world’s largest publicly listed metal recycling companies, with operations spanning Asia and Europe. The group focuses on the collection, processing and recycling of metal materials, serving industrial and manufacturing customers across its key geographic markets.

Technical Sentiment Signal: Sell

Current Market Cap: HK$690.2M

For an in-depth examination of 0976 stock, go to TipRanks’ Overview page.

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