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Coolpad Group Resumes Trading After Meeting Resumption Guidance

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Coolpad Group Resumes Trading After Meeting Resumption Guidance

Coolpad Group ( (HK:2369) ) just unveiled an announcement.

Coolpad Group Limited has announced the successful fulfillment of all resumption guidance requirements, leading to the resumption of trading of its shares on the Hong Kong Stock Exchange. This development follows a series of challenges, including delays in financial reporting, anonymous allegations, and the need for internal control reviews. The company has undertaken significant measures, such as independent investigations and internal control assessments, to address these issues and restore investor confidence.

More about Coolpad Group

Coolpad Group Limited is a company incorporated in the Cayman Islands, operating within the technology sector. The company, along with its subsidiaries, is involved in the development and sale of mobile devices and related services, primarily focusing on the smartphone market.

YTD Price Performance: 10.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $126.5M

Learn more about 2369 stock on TipRanks’ Stock Analysis page.

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