Beijing Finance International (01468) was higher throughout the day yesterday, closing up more than 55% on the same day. It opened more than 12% higher in early trading today. As of press time, it was up 12.5% to HK$0.18, with a turnover of HK$22.328 million.
The Zhitong Finance App learned that Beijing Finance International (01468) rose throughout the day yesterday and closed up more than 55% on the same day. It opened more than 12% higher in early trading today. As of press time, it was up 12.5% to HK$0.18, with a turnover of HK$22.328 million.
According to the news, Beijing Finance announced that on April 23, the petitioner under the Hong Kong Liquidation Petition reached a settlement with the company and obtained a consent summons to seek an order to withdraw the Hong Kong Liquidation Petition based on the parties' agreement, including cancelling the hearing originally scheduled for May 17.
Furthermore, the company was notified on May 9, and the High Court has issued an order confirming the time limit for agreeing to the summons. According to the decree, the Hong Kong winding-up petition against the company has been withdrawn.