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Wenye Group Faces Trading Suspension Amid Compliance Issues

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Wenye Group Faces Trading Suspension Amid Compliance Issues

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Wenye Group Holdings Limited ( (HK:1802) ) just unveiled an update.

Wenye Group Holdings Limited has announced a continued suspension of trading in its shares on the Hong Kong Stock Exchange due to non-compliance with specific listing rules. The company has received resumption guidance from the Stock Exchange, which includes demonstrating compliance with the rules and providing material information to shareholders and investors. If the company fails to meet these requirements by June 2027, it risks having its listing canceled. The company is actively working on a resumption plan and will provide quarterly updates on its progress.

The most recent analyst rating on (HK:1802) stock is a Hold with a HK$0.04 price target. To see the full list of analyst forecasts on Wenye Group Holdings Limited stock, see the HK:1802 Stock Forecast page.

More about Wenye Group Holdings Limited

Average Trading Volume: 1,227,120

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$37.42M

For a thorough assessment of 1802 stock, go to TipRanks’ Stock Analysis page.

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