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Welife Technology Seeks to Resume Trading Amidst Operational Continuity

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Welife Technology Seeks to Resume Trading Amidst Operational Continuity

Welife Technology Limited ( (HK:1703) ) just unveiled an announcement.

Welife Technology Limited has submitted a resumption proposal to the Hong Kong Stock Exchange to resume trading of its shares, following a suspension. The company continues its restaurant operations and is working to fulfill the necessary conditions for resumption, including completing audits and addressing board composition issues.

More about Welife Technology Limited

Welife Technology Limited is an investment holding company primarily engaged in the operation of restaurants. The Group operates four Chinese full-service restaurants in Hong Kong, under the brands ‘Palace’ and ‘Sea Moon Cuisine’.

YTD Price Performance: -4.00%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$55.2M

For a thorough assessment of 1703 stock, go to TipRanks’ Stock Analysis page.

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