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Announcement – In relation to the matter of China Fortune Investments (Holding) Limited (the Company) (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8116) Cancellation of listing

Regulatory
23 Sep 2021

香港聯合交易所有限公司
(香港交易及結算所有限公司全資附屬公司)
THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

 

ANNOUNCEMENT

In relation to the matter of 
China Fortune Investments (Holding) Limited (the Company) 
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 8116)

Cancellation of listing

The Stock Exchange of Hong Kong Limited (the Exchange) announced that with effect from 9:00 am on 28 September 2021, the listing of the shares China Fortune Investments (Holding) Limited (the Company) will be cancelled under GEM Rule 9.14A.

 

The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 28 September 2021 under GEM Rule 9.14A.

Trading in the Company’s shares has been suspended since 5 November 2018. On 12 June 2020, the GEM Listing Committee decided to delist the Company under GEM Rule 9.14A. Upon the Company’s application for review, on 19 November 2020 the Listing Review Committee overturned the GEM Listing Committee’s decision and extended the Company’s resumption deadline to the end of June 2021 for the Company to meet the resumption condition requiring it to address any audit modifications and demonstrate compliance with GEM Rule 17.26.

Upon expiry of the extended resumption deadline, the Company remained unable to address all the audit modifications and demonstrate compliance with GEM Rule 17.26. On 10 September 2021, the GEM Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under GEM Rule 9.14A. 

The Exchange has requested the Company to publish an announcement on the cancellation of its listing.

The Exchange advises shareholders of the Company who have any queries about the implications of the delisting to obtain appropriate professional advice.


Ends

Updated 23 Nov 2021