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China Ecotourism Group Faces Winding-Up Petition Amid Debt Dispute

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China Ecotourism Group Faces Winding-Up Petition Amid Debt Dispute

Elevate Your Investing Strategy:

China Ecotourism Group Limited ( (HK:1371) ) has shared an update.

China Ecotourism Group Limited has received a winding-up petition from a creditor bank in the PRC, filed at the Hong Kong High Court due to an outstanding debt of approximately HK$78.5 million. The company plans to oppose the petition, seek legal advice, and negotiate with the petitioner to withdraw the petition, while keeping shareholders informed of any developments.

More about China Ecotourism Group Limited

China Ecotourism Group Limited operates in the ecotourism industry, focusing on sustainable tourism services and experiences. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -37.50%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €4.28M

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