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Welife Technology Seeks Trading Resumption Amid Ongoing Operations

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Welife Technology Seeks Trading Resumption Amid Ongoing Operations

Elevate Your Investing Strategy:

The latest update is out from Welife Technology Limited ( (HK:1703) ).

Welife Technology Limited has submitted a resumption proposal to the Hong Kong Stock Exchange to seek the resumption of trading of its shares. Despite the ongoing suspension, the company continues its restaurant operations and is actively pursuing commercial opportunities to meet financial objectives. The company has published its financial results for 2023 and 2024, and is addressing inquiries from the Stock Exchange regarding its resumption proposal.

More about Welife Technology Limited

Welife Technology Limited is an investment holding company primarily engaged in the operation of restaurants and catering businesses. The Group operates three traditional Chinese full-service restaurants and two Eastern and Western restaurants in Hong Kong under various brand names.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$55.2M

Find detailed analytics on 1703 stock on TipRanks’ Stock Analysis page.

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