--- title: "Cocoon Holdings Faces Winding-Up Petition Over Alleged Debt" type: "News" locale: "en" url: "https://longbridge.com/en/news/262457587.md" description: "Cocoon Holdings Limited (HK:0428) is facing a winding-up petition from creditor Ms. Zhou Xin over an alleged debt of HK$11.1 million. The company claims this petition does not impact its operations and is seeking legal avenues to dismiss it. However, the petition may affect share trading and transfers, possibly leading to restrictions in the Central Clearing and Settlement System (CCASS). Shareholders and potential investors are advised to be cautious. Cocoon Holdings is incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, with a current market cap of HK$29.31M." datetime: "2025-10-23T13:38:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/262457587.md) - [en](https://longbridge.com/en/news/262457587.md) - [zh-HK](https://longbridge.com/zh-HK/news/262457587.md) --- # Cocoon Holdings Faces Winding-Up Petition Over Alleged Debt Cocoon Holdings Limited ( (HK:0428) ) has shared an announcement. Cocoon Holdings Limited has received a winding-up petition filed by a creditor, Ms. Zhou Xin, claiming an unpaid debt of approximately HK$11.1 million. The company asserts that the petition does not currently affect its business operations and is exploring legal options to dismiss the petition. The petition may impact the trading and transfer of the company’s shares, potentially leading to restrictions or suspensions in the Central Clearing and Settlement System (CCASS). Shareholders and potential investors are advised to exercise caution. **More about Cocoon Holdings Limited** Cocoon Holdings Limited is a company incorporated in the Cayman Islands and continued in Bermuda, operating with limited liability. It is listed on the Stock Exchange of Hong Kong and is involved in various business operations, although specific industry details are not provided in the announcement. **Average Trading Volume:** 896,146 **Technical Sentiment Signal:** Sell **Current Market Cap:** HK$29.31M For an in-depth examination of 0428 stock, go to TipRanks’ Overview page. ### Related Stocks - [00428.HK](https://longbridge.com/en/quote/00428.HK.md) ## Related News & Research - [Warren Buffett sits on a record $397B in cash while Michael Burry shorts AI for $1B, betting it's 1999 all over again. What do they see?](https://longbridge.com/en/news/287098183.md) - [HSA warns public against consuming herbal remedy containing potent steroid](https://longbridge.com/en/news/287022845.md) - [New York Governor Signs Bills To Preserve Mandatory Vaccines](https://longbridge.com/en/news/286947583.md) - [China Travel International Expands Tourism Footprint with New Resorts and Qinghai Joint Venture](https://longbridge.com/en/news/286671362.md) - [US working with small biotech firm on experimental Ebola treatment, Bloomberg News reports](https://longbridge.com/en/news/287108072.md)