HUSCOKE HLDGS (00704) Surges Over 70% After Hong Kong High Court Dismisses Winding-Up Petition

Stock News

01/13

HUSCOKE HLDGS (00704) soared more than 70%, and as of the time of writing, the stock was up 78.46% to HK$0.232, with a turnover of HK$4.547 million. The surge follows the company's recent announcement regarding the winding-up petition it received from China Cinda (HK) Asset Management Co., Ltd. and a supplemental agreement between the petitioner and the company. The board of directors is pleased to announce that on January 11, 2026, China Cinda (HK) Asset Management Co., Ltd. (the Petitioner) applied to the High Court to withdraw the winding-up petition. The High Court subsequently issued an order during a hearing on January 12, 2026, dismissing the petition.

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