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Hilong Holding Ltd. ( (HK:1623) ) has shared an update.
Hilong Holding Limited has announced that the scheduled High Court hearing of a winding-up petition against the company, originally set for 5 January 2026, has been vacated and adjourned to 2 March 2026 following a joint application by the petitioner, the company and opposing creditors. The adjournment extends the period of uncertainty surrounding the company’s financial position and legal outcome, and Hilong has urged shareholders and potential investors to exercise caution when dealing in its securities while it continues to provide further updates on significant developments related to the petition.
The most recent analyst rating on (HK:1623) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hilong Holding Ltd. stock, see the HK:1623 Stock Forecast page.
More about Hilong Holding Ltd.
Hilong Holding Limited is a Cayman Islands-incorporated company listed in Hong Kong (Stock Code: 1623), engaged in the energy services and related industrial sector, with its board comprising executive, non-executive and independent non-executive directors overseeing its operations and governance.
Average Trading Volume: 2,141,560
Technical Sentiment Signal: Hold
Current Market Cap: HK$303.7M
See more insights into 1623 stock on TipRanks’ Stock Analysis page.