Longhui International Updates on Resumption Progress Amid Trading Suspension
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Longhui International Holdings Ltd. (HK:1007) has updated on its resumption progress amid a trading suspension. The company is close to completing a forensic investigation and internal control review, which has delayed its 2024 financial results. Longhui is working to meet the Hong Kong Stock Exchange's resumption conditions while continuing its business operations. The company operates hotpot restaurants in China under the brands Faigo and Xiao Faigo Hotpot. Current market cap is HK$13.27M, with a technical sentiment signal of Strong Sell.
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