China Tontine Wines Clears HKEX Hurdles to Resume Trading After Audit Fixes
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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.
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