Hilong Holding (HKG:1623) said the Hong Kong High Court dismissed a winding-up petition against the firm, according to a Monday filing with the Hong Kong bourse.
The move came after a joint application from the firm, the petitioner, and the opposing creditors.
The petition had been filed by The Bank of New York Mellon, London Branch, in May 2025 over the alleged non-payment of $379.1 million in senior secured notes due November 2024.