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Wisdom Sports Group ( (HK:1661) ) has issued an announcement.
China Frontier Technology Group, previously Wisdom Sports Group, operates as a Hong Kong–listed company focused on technology and sports-related activities, supported by its Cayman Islands incorporation and listing status on the Stock Exchange of Hong Kong. Its shareholder base comprises over 190 million issued shares, providing a diversified ownership structure in the public market.
The company announced that shareholders at an extraordinary general meeting on 13 February 2026 approved, by poll, the resignation of Infinity CPA Limited as auditor and the appointment of Prism Hong Kong Limited as its new auditor with immediate effect. The move, backed unanimously by votes cast, signals a strategic shift in the company’s audit oversight and entrusts the board with broad authority to implement the transition and set the new auditor’s remuneration, potentially affecting future financial reporting and governance practices.
The most recent analyst rating on (HK:1661) stock is a Hold with a HK$0.96 price target. To see the full list of analyst forecasts on Wisdom Sports Group stock, see the HK:1661 Stock Forecast page.
More about Wisdom Sports Group
China Frontier Technology Group, formerly known as Wisdom Sports Group, is a Hong Kong–listed company incorporated in the Cayman Islands. The group operates within the broader technology and sports-related sectors, with its shares traded on the Stock Exchange of Hong Kong, giving it access to regional and international capital markets.
Average Trading Volume: 162,065
Technical Sentiment Signal: Buy
Current Market Cap: HK$241.7M
Find detailed analytics on 1661 stock on TipRanks’ Stock Analysis page.