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An update from China Sandi Holdings Ltd. ( (HK:0910) ) is now available.
China Sandi Holdings Limited has announced a potential delay in publishing its 2024 annual results due to the resignation of its auditor, Moore CPA Limited, and difficulties in securing a new auditor. This delay is attributed to the reluctance of many accounting firms to take on Chinese real estate developers as clients, classifying them as high-risk. If the delay occurs, it could also affect the dispatch of the company’s 2024 annual report. Despite these challenges, the company assures that its business operations remain normal. However, failure to publish the financial results on time might lead to a suspension of trading in the company’s securities.
More about China Sandi Holdings Ltd.
China Sandi Holdings Limited is a company involved in the real estate industry, primarily focusing on property development and management. The company operates primarily in Mainland China, where the real estate market is often considered high-risk.
YTD Price Performance: 30.0%
Average Trading Volume: 702,516
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$147.6M
See more insights into 0910 stock on TipRanks’ Stock Analysis page.