TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Huisen Household International Group Limited ( (HK:2127) ).
Huisen Household International Group Limited, incorporated in the Cayman Islands, recently faced a legal challenge regarding a loan from Ganzhou Bank. The company borrowed RMB 279 million, with RMB 274 million still outstanding, leading to a lawsuit from the bank. However, the court rejected the lawsuit due to insufficient evidence, and a repayment extension plan has been proposed. The government is supporting the company through a business relief task force, and the lawsuit has not impacted the company’s operations or financial status. Trading of the company’s shares is set to resume on the Stock Exchange.
More about Huisen Household International Group Limited
Average Trading Volume: 11,099,892
Technical Sentiment Signal: Sell
Current Market Cap: HK$99.44M
See more insights into 2127 stock on TipRanks’ Stock Analysis page.