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An announcement from Fortune Sun China Holdings Ltd. ( (HK:0352) ) is now available.
Fortune Sun (China) Holdings Limited announced that the Listing Committee of the Hong Kong Stock Exchange has decided to suspend trading of the company’s shares due to insufficient operational levels. The company’s Property Agency Business has been operating at a minimal scale with consistent net losses, and its plans to expand into new markets and develop new business initiatives remain preliminary and uncertain. This decision highlights the ongoing challenges the company faces in maintaining its market position and the potential implications for its stakeholders.
The most recent analyst rating on (HK:0352) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Fortune Sun China Holdings Ltd. stock, see the HK:0352 Stock Forecast page.
More about Fortune Sun China Holdings Ltd.
Fortune Sun (China) Holdings Limited operates in the property agency industry, focusing on property management services. The company has been primarily engaged in the Property Agency Business, which has been experiencing a decline in operations and financial performance.
Average Trading Volume: 6,649,907
Technical Sentiment Signal: Buy
Current Market Cap: HK$329.9M
Find detailed analytics on 0352 stock on TipRanks’ Stock Analysis page.