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Jingrui Holdings Ltd. ( (HK:1862) ) has provided an announcement.
Jingrui Holdings Limited has been ordered by the High Court of Hong Kong to be wound up under the Companies (Winding Up and Miscellaneous Provisions) Ordinance, with the Official Receiver automatically appointed as provisional liquidator to take control of the company’s affairs, business and assets. Following the winding-up order, trading in Jingrui’s shares on the Hong Kong Stock Exchange has been suspended with immediate effect, marking a critical deterioration in the company’s status and leaving shareholders and creditors reliant on the liquidation process and future announcements to understand the recovery prospects and implications for their interests.
The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.
More about Jingrui Holdings Ltd.
Jingrui Holdings Limited is a Cayman Islands–incorporated company listed in Hong Kong, previously governed by a board comprising executive, non-executive and independent non-executive directors. The group’s affairs, business and property are now under the control of the Official Receiver acting as provisional liquidator, who manages the company as its agent without personal liability.
Average Trading Volume: 13,175,869
Technical Sentiment Signal: Sell
Current Market Cap: HK$21.54M
For a thorough assessment of 1862 stock, go to TipRanks’ Stock Analysis page.