INFINITIES TECH Shares Plunge Nearly 50% on Potential Delay of Annual Results and Expected Trading Halt

Stock News

03/30

INFINITIES TECH (01961) experienced a sharp decline of nearly 50%. As of the time of writing, the stock was down 49.06%, trading at HK$0.27, with a turnover of HK$3.6849 million. On the news front, the company issued an announcement on the evening of March 27 stating a potential delay in the publication of its annual results for the year ended December 31, 2025, and a postponement of the board meeting. The board anticipates that trading in the company's shares will be suspended starting April 1, pending the release of the annual results. The group indicated that it has not yet fully settled the audit fees for the 2024 fiscal year with its auditor, Ernst & Young, and as a result, has been unable to reach an agreement with the auditor regarding the audit of the previous year's results.

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As of the time of writing, the stock was down 49.06%, trading at HK$0.27, with a turnover of HK$3.6849 million. On the news front, the company issued an announcement on the evening of March 27 stating a potential delay in the publication of its annual results for the year ended December 31, 2025, and a postponement of the board meeting. The board anticipates that trading in the company's shares will be suspended starting April 1, pending the release of the annual results. The group indicated that it has not yet fully settled the audit fees for the 2024 fiscal year with its auditor, Ernst & Young, and as a result, has been unable to reach an agreement with the auditor regarding the audit of the previous year's results.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VXUS","symbol_name":"国际股票ETF-Vanguard","start_time":0,"source_url":"","article_id":"1170039196","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170039196","pubTimestamp":1774853428,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"INFINITIES TECH (01961) experienced a sharp decline of nearly 50%. 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