Xiwang Property Holdings Faces Trading Suspension Amid Ongoing Legal and Reporting Challenges
Xiwang Property Holdings Co., Ltd. (HK:2088) has announced a continued suspension of trading due to ongoing legal issues and delays in publishing its 2024 annual results. The company is working to resolve these challenges through information gathering, legal consultations, and forensic investigations. Despite these issues, business operations remain normal. The company's current market cap is HK$53.53M, with a year-to-date price performance of 40.74% and a technical sentiment signal of 'Sell'.
Xiwang Property Holdings Co., Ltd. ( (HK:2088) ) has shared an announcement.
Xiwang Property Holdings Co., Ltd. has announced a continued suspension of trading due to ongoing legal proceedings and delays in publishing its 2024 annual results and reports. The company is actively working on resolving these issues by gathering necessary information, consulting legal advisors, and conducting independent forensic investigations and internal control reviews. Despite these challenges, the company’s business operations continue as usual.
More about Xiwang Property Holdings Co., Ltd.
Xiwang Property Holdings Co., Ltd. is an investment holding company incorporated in Bermuda, primarily engaged in property development, provision of property management services, and trading of construction materials in China.
YTD Price Performance: 40.74%
Technical Sentiment Signal: Sell
Current Market Cap: HK$53.53M
Find detailed analytics on 2088 stock on TipRanks’ Stock Analysis page.
