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Hanhua Financial Advances Internal Control Review as Share Suspension Continues

Story Highlights
  • Hanhua Financial appointed Now Consulting to review and enhance its internal control systems.
  • The company is seeking a forensic investigator while its Hong Kong share trading remains suspended.
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Hanhua Financial Advances Internal Control Review as Share Suspension Continues

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Hanhua Financial Holding Co., Ltd. Class H ( (HK:3903) ) has shared an announcement.

Hanhua Financial Holding Co., Ltd. has appointed Now Consulting Limited as its internal control consultant following a review by its Independent Investigation Committee and Audit Committee, tasking the firm with conducting an internal control review of the group and helping it strengthen procedures to meet Hong Kong listing rule requirements. The Independent Investigation Committee is also in the process of selecting an independent forensic investigation firm, having already engaged with two candidates to obtain detailed investigation proposals related to a previously disclosed incident, while trading in the company’s shares remains suspended on the Hong Kong Stock Exchange since 27 March 2025 and will continue to be halted until further notice, prolonging uncertainty for shareholders and other stakeholders.

More about Hanhua Financial Holding Co., Ltd. Class H

Hanhua Financial Holding Co., Ltd. is a PRC-incorporated financial services group listed in Hong Kong that operates through various subsidiaries, focusing on providing diversified financial solutions and related services to clients in mainland China. The company’s activities fall under the broader non‑bank financial sector, with a business model dependent on robust internal controls and strict compliance with Hong Kong listing and securities regulations.

YTD Price Performance: 5.66%

Technical Sentiment Signal: Sell

Current Market Cap: HK$772.8M

For detailed information about 3903 stock, go to TipRanks’ Stock Analysis page.

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