Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
China Huarong Energy Company Limited ( (HK:1101) ) has provided an announcement.
China Huarong Energy Company Limited announced a delay in the publication of its 2024 Annual Results due to difficulties in transferring funds from its subsidiaries in the PRC and Kyrgyz Republic to Hong Kong, impacting the settlement of audit fees. This has led to a continued suspension of trading in the company’s shares on the Hong Kong Stock Exchange, pending the results’ publication expected by 31 July 2025. The company is actively working to resolve these issues and will keep shareholders and investors informed of any significant developments.
More about China Huarong Energy Company Limited
China Huarong Energy Company Limited is incorporated in the Cayman Islands and operates in the energy sector. The company, along with its subsidiaries, focuses on energy-related services and products, with a market presence in regions such as the People’s Republic of China and the Kyrgyz Republic.
YTD Price Performance: -37.50%
Average Trading Volume: 1,312,155
Technical Sentiment Signal: Sell
Current Market Cap: HK$235.5M
For detailed information about 1101 stock, go to TipRanks’ Stock Analysis page.