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China Tontine Wines Group ( (HK:0389) ) has shared an announcement.
China Tontine Wines Group Limited has successfully addressed its compliance and publication obligations under the Stock Exchange listing rules, including publishing outstanding financial results and submitting qualitative analyses demonstrating adherence to Rule 13.24. Despite challenges, such as losing control of certain subsidiaries and auditors’ qualified opinions, the company has demonstrated adequate operational scale and asset values, ensuring the basis for its continued listing.
More about China Tontine Wines Group
China Tontine Wines Group Limited operates in the wine industry and is primarily engaged in the production and sale of wine products. The company focuses on maintaining sufficient operational scale and asset value to support its listing on the Stock Exchange of Hong Kong.
Technical Sentiment Signal: Sell
Current Market Cap: HK$129.7M
For a thorough assessment of 0389 stock, go to TipRanks’ Stock Analysis page.