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China Automotive Resumes Trading After Compliance Hurdles
Company Announcements

China Automotive Resumes Trading After Compliance Hurdles

China Automotive Interior Decoration Holdings Limited (HK:0048) has released an update.

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China Automotive Interior Decoration Holdings Limited has resumed trading on the Hong Kong Stock Exchange after addressing financial compliance issues related to its subsidiary, Loyal Brands International Limited. The company had faced a suspension due to missing records and a disclaimer of opinion by auditors, leading to the disposal of the problematic subsidiary. The fulfillment of the resumption guidance marks a significant step in restoring investor confidence.

For further insights into HK:0048 stock, check out TipRanks’ Stock Analysis page.

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