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Longhui International Updates on Resumption Progress Amid Trading Suspension

Story Highlights
  • Longhui International operates hotpot restaurants in China under Faigo and Xiao Faigo brands.
  • The company is completing a forensic investigation, delaying its 2024 financial results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Longhui International Updates on Resumption Progress Amid Trading Suspension

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The latest update is out from Longhui International Holdings Ltd. ( (HK:1007) ).

Longhui International Holdings Ltd. has provided a quarterly update on its resumption progress and ongoing trading suspension. The company is nearing completion of a forensic investigation and internal control review, which has delayed the publication of its 2024 financial results. The company is working diligently to meet the resumption conditions set by the Hong Kong Stock Exchange, while its business operations continue as usual.

More about Longhui International Holdings Ltd.

Longhui International Holdings Ltd. is primarily engaged in the hotpot restaurant business in China, operating under the brands Faigo and Xiao Faigo Hotpot.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$13.27M

For a thorough assessment of 1007 stock, go to TipRanks’ Stock Analysis page.

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