tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Yangzhou Taihe Rural Micro-finance Issues Third Quarterly Update on Trading Resumption Efforts

Story Highlights
  • Yangzhou Taihe Rural Micro-finance, a PRC-based rural lender, serves local borrowers through micro‑loan services.
  • The company is advancing HKEX-mandated resumption work, including an independent probe into unauthorised guarantees and loan recoverability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yangzhou Taihe Rural Micro-finance Issues Third Quarterly Update on Trading Resumption Efforts

Claim 70% Off TipRanks Premium

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited Class H ( (HK:1915) ) has issued an update.

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited, a Hong Kong–listed rural microfinance provider based in the PRC, focuses on extending micro‑loans and related financial services to local and rural clients within its operating region.

The company has issued a third quarterly update on efforts to resume trading in its suspended shares, detailing progress against resumption guidance set by the Hong Kong Stock Exchange after delays in publishing its 2024 annual and 2025 interim results and the discovery of unauthorised guarantees linked to a controlling shareholder and related parties. The update reiterates that an independent forensic investigator has been appointed to examine unauthorised guarantees, the recoverability and impairment of certain loans and receivables, and the Group’s ability to continue as a going concern, alongside required work on internal controls, management integrity, regulatory compliance and publication of outstanding financial statements, all of which are critical steps toward restoring market confidence and meeting the conditions for trading resumption.

More about Yangzhou Guangling District Taihe Rural Micro-finance Company Limited Class H

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited is a PRC-incorporated rural microfinance institution whose shares are listed in Hong Kong. The Group is engaged in providing micro‑loans and related financing services, primarily serving borrowers in Yangzhou’s Guangling District and surrounding rural areas, and operates under the regulatory framework of the Hong Kong Stock Exchange and the Securities and Futures Ordinance.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$159M

For detailed information about 1915 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1