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TIMES CHINA Once Craters 50%+ after Midday, Hit by Winding-up Petition from HSB
Recommend 4 Positive 15 Negative 5 |
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TIMES CHINA (01233.HK) was hit by a winding-up petition by HANG SENG BANK (00011.HK), and recovered more than $2 billion of financial obligations. TIMES CHINA last traded at $0.128, down 46.22%, on volume of 20.445 million shares and turnover of $3.167 million. The stock once tumbled 51.26% to bottom at $0.116. TIMES CHINA had earlier said the High Court of Hong Kong set the first hearing date for the petition on 3 July 2024. The company will seek legal measures to resolutely oppose the petition, and take all necessary actions to protect its legal rights. AAStocks Financial News |
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