Over 60 Hong Kong-listed companies face difficulties in publishing annual reports
According to the reporter's statistics, more than 60 stocks recently announced that the company will delay the publication of the 2024 full-year performance report and the stock will be suspended from April 1. Among the Hong Kong-listed companies that announced the suspension of trading from April 1, there are well-known companies such as Evergrande Auto and New Town Joy Service. Institutional sources said that failure to publish annual reports on time will send a signal to the market that the company's internal management is chaotic, financial conditions are poor, or there are other problems, which will have a negative impact on investor confidence and the company's reputation.