China Water Industry Group Trading Suspension Continues as Bourse Deadline Set for December 2027

Deep News
Sep 18

China Water Industry Group (01129.HK), currently in liquidation, has seen its shares suspended from trading on the Stock Exchange of Hong Kong since June 15, 2026, at 11:14 a.m., and the halt will persist until further notice.

The exchange has cited Listing Rule 6.01A(1), asserting its authority to cancel the listing status of any security that remains suspended for a continuous period of 18 months. This remediation window is set to conclude on December 14, 2027. Should the company fail to resolve the underlying issues causing the suspension, meet the resumption guidance, fully comply with listing regulations, and convince the exchange to greenlight a trading restart by that date, the Listing Department will move to recommend that the Listing Committee initiate proceedings to revoke the company's listing status. Additionally, the exchange holds the discretion to impose a shorter cure period or proceed with an immediate delisting where circumstances warrant.

The company had previously issued an announcement on September 15, 2026, detailing the appointment of liquidators, the postponement of its 2026 interim results and report, the resumption guidance, and a quarterly update on progress toward resumption. The company's affairs, operations, and assets are now under the management of joint and several liquidators Gu Zhihao and Lei Yilian, who are acting solely as agents of the company and bear no personal liability. The announcement was dated September 18, 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10