tiprankstipranks
Yangzhou Taihe Faces Shareholder Bankruptcy Challenges
Company Announcements

Yangzhou Taihe Faces Shareholder Bankruptcy Challenges

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited Class H (HK:1915) has released an update.

Don't Miss Our Christmas Offers:

Yangzhou Guangling District Taihe Rural Micro-finance Company Limited faces potential disruptions as bankruptcy liquidation applications have been filed against its controlling and substantial shareholders, Jiangsu Botai Group Co., Ltd. and Jiangsu Liantai Fashion Shopping Mall Real Estate Co., Ltd. These shareholders hold significant portions of the company’s shares, raising concerns about the company’s financial stability. However, trading in the company’s H shares is set to resume on November 1, 2024.

For further insights into HK:1915 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App