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Longhui International Holdings Ltd. ( (HK:1007) ) has issued an update.
Longhui International Holdings has provided a quarterly update on its efforts to resume trading on the Hong Kong Stock Exchange, where its shares remain suspended. The company reports that fieldwork for an independent forensic investigation into past issues has been completed, with findings submitted to regulators, and it is now responding to ongoing regulatory inquiries while awaiting completion of the review.
An internal control review is still under way, with preliminary results being assessed by the company, its Investigation Committee and advisory firm Acclime, ahead of submission to regulators. Delays in finalising the forensic investigation have pushed back publication of the company’s 2024 and 2025 financial results and reports, as well as its AGM, prolonging uncertainty for shareholders while the group works to meet all resumption conditions set by the exchange.
More about Longhui International Holdings Ltd.
Longhui International Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board of the Stock Exchange of Hong Kong. The group operates under stock code 1007, though the latest announcement focuses on regulatory and compliance matters rather than detailing its underlying business activities or market focus.
Technical Sentiment Signal: Sell
Current Market Cap: HK$13.27M
Learn more about 1007 stock on TipRanks’ Stock Analysis page.