Trading in Dexin China (02019.HK) was suspended at 11:35 am for reasons unknown. The stock price was 0.085 yuan before the suspension, down 0.006 yuan or 6.59%, with a turnover of 331,000 shares and a total amount involved of 28,400 yuan.
The High Court issued an order for the liquidation of Dexin China this morning. Dexin China previously stated that China Construction Bank (Asia) has submitted an application for liquidation of the company to the Hong Kong High Court, involving 350 million US dollars in unpaid principal, 9.95% priority notes due in 2022 and accrued interest. (cy/u)
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