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An update from China South City Holdings Limited ( (HK:1668) ) is now available.
China South City Holdings Limited, currently in liquidation, has announced that its onshore subsidiaries in China continue to operate normally despite the company’s winding-up process. The liquidators are actively engaging with management to ensure minimal disruption to operations. Additionally, they are exploring restructuring options to address offshore financial obligations and are open to potential investors interested in collaborating on solutions. Trading of the company’s shares remains suspended, and stakeholders are advised to exercise caution.
More about China South City Holdings Limited
China South City Holdings Limited operates in the real estate and infrastructure industry, focusing on the development and management of integrated logistics and trade centers in China. The company is involved in the construction and operation of large-scale logistics and trade centers, providing a platform for businesses to engage in trade, logistics, and other commercial activities.
Average Trading Volume: 6,591,112
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.22B
For an in-depth examination of 1668 stock, go to TipRanks’ Overview page.