--- title: "China Tontine Wines Clears HKEX Hurdles to Resume Trading After Audit Fixes" type: "News" locale: "en" url: "https://longbridge.com/en/news/277056714.md" description: "China Tontine Wines Group has met the Hong Kong Stock Exchange's resumption guidance after resolving issues related to delayed financial reporting. The company published all outstanding financial results for 2024 and 2025 and anticipates releasing its audited 2025 financial statements by March 31, 2026. Following a qualified opinion on its 2024 financials, the company undertook remedial measures, including an internal control review. Trading of its shares will resume, reflecting improved governance and financial transparency. The latest analyst rating for the stock is a Sell with a price target of HK$0.40." datetime: "2026-02-26T14:10:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277056714.md) - [en](https://longbridge.com/en/news/277056714.md) - [zh-HK](https://longbridge.com/zh-HK/news/277056714.md) --- # China Tontine Wines Clears HKEX Hurdles to Resume Trading After Audit Fixes ### Claim 50% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential An announcement from China Tontine Wines Group ( (HK:0389) ) is now available. China Tontine Wines Group Limited announced that it has fulfilled the resumption guidance set by the Hong Kong Stock Exchange following a prolonged suspension linked to delayed financial reporting. The company has now published all outstanding interim and annual results and reports for 2024 and 2025, and expects to release its audited 2025 financial statements by the 31 March 2026 deadline. The auditor issued a qualified opinion on the 2024 financial statements, prompting the company to undertake remedial measures including an internal control review and legal action against former directors to mitigate losses. Based on completed audit procedures and internal control enhancements, the company expects no modified opinion on its 2025 annual report, paving the way for the resumption of trading in its shares and signalling improved governance and financial transparency for investors. The most recent analyst rating on (HK:0389) stock is a Sell with a HK$0.40 price target. To see the full list of analyst forecasts on China Tontine Wines Group stock, see the HK:0389 Stock Forecast page. **More about China Tontine Wines Group** China Tontine Wines Group Limited is a Bermuda-incorporated company listed in Hong Kong and engaged in the wine business through its subsidiaries. The group focuses on the production and sale of wines, with operations including wine estates and related entities in mainland China that serve its regional market. **Technical Sentiment Signal:** Strong Sell **Current Market Cap:** HK$129.7M ### Related Stocks - [00389.HK](https://longbridge.com/en/quote/00389.HK.md) ## Related News & Research - [06:13 ETMoldova Celebrates 25 Years of National Wine Day, Strengthening Its Position as a Rising Global Wine Destination](https://longbridge.com/en/news/286545774.md) - [Delegat trims 2026 harvest to rebalance wine inventories](https://longbridge.com/en/news/286827405.md) - [English wine makers suffer worst spring frost in 10 years](https://longbridge.com/en/news/286799928.md) - [Wine merchant Tanners threatens to pull out of Wales over recycling tax](https://longbridge.com/en/news/286676357.md) - [Godrej Properties completes handover of 500+ plots at Forest Estate, Nagpur, with the first Nagpur edition of its signature handover IP, Shubh Aarambh](https://longbridge.com/en/news/286769958.md)