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An update from China Tontine Wines Group ( (HK:0389) ) is now available.
China Tontine Wines Group Limited has announced a quarterly update on its progress towards resuming trading on the Hong Kong Stock Exchange. The company has published all outstanding financial results required under the Listing Rules, despite auditors expressing concerns about the company’s ability to continue as a going concern due to the loss of control over certain subsidiaries. The company has demonstrated compliance with Rule 13.24, showing sufficient operations and assets to support its continued listing, and is preparing further qualitative analysis to submit to the Stock Exchange.
More about China Tontine Wines Group
China Tontine Wines Group Limited operates in the wine industry, focusing on the production and distribution of wines. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$129.7M
See more data about 0389 stock on TipRanks’ Stock Analysis page.