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The latest update is out from Yue Da International Holdings Limited ( (HK:0629) ).
Yue Da International Holdings Limited has announced a delay in sending a shareholder circular related to six previously disclosed factoring agreements that require written shareholder approval. The circular was originally due by 13 February 2026 and is to include details of the transactions and updated financial information for the group.
The company has applied to the Hong Kong Stock Exchange for an extension and a waiver from strict compliance with Listing Rule 14.41(A), citing the need for more time to prepare and finalize financial data, including indebtedness and cash flow forecasts. Yue Da International plans to issue further updates in due course, leaving stakeholders awaiting clarity on the timetable and the finalized financing disclosure.
The most recent analyst rating on (HK:0629) stock is a Hold with a HK$0.28 price target. To see the full list of analyst forecasts on Yue Da International Holdings Limited stock, see the HK:0629 Stock Forecast page.
More about Yue Da International Holdings Limited
Yue Da International Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 629. It operates through a corporate group structure and utilizes financing arrangements such as factoring agreements to support its business activities and overall group financial management.
Average Trading Volume: 166,933
Technical Sentiment Signal: Hold
Current Market Cap: HK$327.2M
See more insights into 0629 stock on TipRanks’ Stock Analysis page.