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Xiwang Property Holdings Updates on Trading Suspension and Resumption Plans

Story Highlights
  • Xiwang Property Holdings is addressing delays in its 2024 annual results, affecting trading status.
  • The Stock Exchange requires Xiwang to meet specific conditions before resuming trading.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xiwang Property Holdings Updates on Trading Suspension and Resumption Plans

Elevate Your Investing Strategy:

Xiwang Property Holdings Co., Ltd. ( (HK:2088) ) has shared an update.

Xiwang Property Holdings Co., Ltd. has announced its resumption guidance and provided a quarterly update on its trading status. The company is currently addressing issues related to the delay in the publication of its 2024 annual results and report, which has led to a continued suspension of trading. The Stock Exchange has outlined specific requirements for the company to meet before resuming trading, including publishing outstanding financial results, conducting independent investigations, and demonstrating compliance with regulatory standards. The company is still in the process of gathering necessary information and documents, and it is unable to provide an expected date for the publication of its 2024 annual results.

More about Xiwang Property Holdings Co., Ltd.

Xiwang Property Holdings Co., Ltd. is a company incorporated in Bermuda, operating in the property sector. The company is involved in property development and management, focusing on delivering residential and commercial real estate solutions.

YTD Price Performance: 40.74%

Technical Sentiment Signal: Sell

Current Market Cap: HK$53.53M

For detailed information about 2088 stock, go to TipRanks’ Stock Analysis page.

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