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China South City Warns of Further Delay to 2023 Final Dividend Amid Court-Ordered Liquidation

Story Highlights
  • China South City further delays payment of its approved 2023 final dividend.
  • Trading remains suspended and directors’ powers ceased after a 2025 winding-up order, heightening uncertainty for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China South City Warns of Further Delay to 2023 Final Dividend Amid Court-Ordered Liquidation

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China South City Holdings Limited ( (HK:1668) ) has provided an update.

China South City Holdings Limited has issued a supplemental announcement confirming a further delay in the payment of its final cash dividend of HK$0.02 per share for the financial year ended 31 March 2023, despite shareholder approval in September 2023 and the completion of the ex-dividend and record date process in October 2023. The company also noted the continued suspension of trading in its shares and disclosed that, following a winding-up order granted by the High Court of Hong Kong on 11 August 2025, all powers of its co-chairmen, executive directors and non-executive directors have ceased, underscoring the heightened uncertainty for shareholders over both dividend receipt and the company’s future corporate governance and restructuring outcomes.

The most recent analyst rating on (HK:1668) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on China South City Holdings Limited stock, see the HK:1668 Stock Forecast page.

More about China South City Holdings Limited

China South City Holdings Limited, now in liquidation, is a Hong Kong‑listed equity issuer engaged in property-related operations, historically focused on large-scale commercial and trade logistics complexes in China. The company’s shares trade on the Hong Kong Stock Exchange under stock code 01668, although trading is currently suspended following a winding‑up order issued by the High Court of Hong Kong in August 2025, which has effectively halted the powers of its board of directors.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.22B

For an in-depth examination of 1668 stock, go to TipRanks’ Overview page.

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