On May 21, Jinhui Holdings rose 6.74% in regular trading, trading at 2.77 HKD/share, with trading volume of approximately 110 million HKD.

On the news front, the stock had plunged to a record low of 0.85 HKD on May 14 before staging a dramatic multi-day rebound, including a single-session surge exceeding 200% on May 15 with over 1 billion HKD in turnover. The current rise is widely viewed as a continuation of the technical rebound from deeply oversold levels, primarily driven by speculative short-term capital rather than any fundamental improvement.

Notably, the company's fundamentals remain severely challenged. Full-year revenue fell 42.69% year-over-year to 14.194 billion yuan, with a net loss attributable to shareholders of 6.919 billion yuan. Additionally, auditor Ernst & Young resigned in late April and issued a disclaimer of opinion regarding the company's ability to continue as a going concern. Total liabilities exceed 60 billion yuan with significant short-term debt repayment pressure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)