China Ecotourism's Winding-Up Hearing Further Adjourned, Creditors Back Debt Scheme; Shares Jump 7%

MT Newswires Live

Sep 29

China Ecotourism (HKG:1371) said its winding-up petition hearing has been pushed to Dec. 1, following a joint application by consent summons, according to a Sept. 26 Hong Kong bourse filing.

Shares of the lottery system provider jumped nearly 7% in Monday morning trade.

The company had been slapped with a winding-up petition by the Hong Kong branch of a creditor bank in March over an alleged outstanding debt of roughly HK$78.5 million.

At an adjourned creditors' meeting, China Ecotourism's restructuring scheme won approval from the requisite statutory majorities, with over 50% in number and at least 75% in value of voting claims in favor.

It will now seek Hong Kong High Court sanction of the scheme, with a hearing scheduled for Oct. 15.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2571687452"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2571687452\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2571687452?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-29 10:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2571687452","market":"hk","top_or_hot":-1,"title":"China Ecotourism's Winding-Up Hearing Further Adjourned, Creditors Back Debt Scheme; Shares Jump 7%","media":"MT Newswires Live","content":"<html><body><p> China Ecotourism (HKG:1371) said its winding-up petition hearing has been pushed to Dec. 1, following a joint application by consent summons, according to a Sept. 26 Hong Kong bourse filing.</p><p>Shares of the lottery system provider jumped nearly 7% in Monday morning trade.</p><p>The company had been slapped with a winding-up petition by the Hong Kong branch of a creditor bank in March over an alleged outstanding debt of roughly HK$78.5 million.</p><p>At an adjourned creditors' meeting, China Ecotourism's restructuring scheme won approval from the requisite statutory majorities, with over 50% in number and at least 75% in value of voting claims in favor.</p><p>It will now seek Hong Kong High Court sanction of the scheme, with a hearing scheduled for Oct. 15.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Ecotourism's Winding-Up Hearing Further Adjourned, Creditors Back Debt Scheme; Shares Jump 7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Ecotourism's Winding-Up Hearing Further Adjourned, Creditors Back Debt Scheme; Shares Jump 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-09-29 10:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> China Ecotourism (HKG:1371) said its winding-up petition hearing has been pushed to Dec. 1, following a joint application by consent summons, according to a Sept. 26 Hong Kong bourse filing.</p><p>Shares of the lottery system provider jumped nearly 7% in Monday morning trade.</p><p>The company had been slapped with a winding-up petition by the Hong Kong branch of a creditor bank in March over an alleged outstanding debt of roughly HK$78.5 million.</p><p>At an adjourned creditors' meeting, China Ecotourism's restructuring scheme won approval from the requisite statutory majorities, with over 50% in number and at least 75% in value of voting claims in favor.</p><p>It will now seek Hong Kong High Court sanction of the scheme, with a hearing scheduled for Oct. 15.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01371","symbol_name":"中国生态旅游","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2571687452","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2571687452","pubTimestamp":1759112307,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China Ecotourism  said its winding-up petition hearing has been pushed to Dec. 1, following a joint application by consent summons, according to a Sept. 26 Hong Kong bourse filing.Shares of the lottery system provider jumped nearly 7% in Monday morning trade.The company had been slapped with a winding-up petition by the Hong Kong branch of a creditor bank in March over an alleged outstanding debt of roughly HK$78.5 million.At an adjourned creditors' meeting, China Ecotourism's restructuring scheme won approval from the requisite statutory majorities, with over 50% in number and at least 75% in value of voting claims in favor.It will now seek Hong Kong High Court sanction of the scheme, with a hearing scheduled for Oct. 15.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01371":"中国生态旅游","BK1172":"赌场与赌博"},"translate_title":"中国生态旅游清盘聆讯进一步延期，债权人支持债务方案；股价上涨7%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01371":1},"content_text":"China Ecotourism (HKG:1371) said its winding-up petition hearing has been pushed to Dec. 1, following a joint application by consent summons, according to a Sept. 26 Hong Kong bourse filing.Shares of the lottery system provider jumped nearly 7% in Monday morning trade.The company had been slapped with a winding-up petition by the Hong Kong branch of a creditor bank in March over an alleged outstanding debt of roughly HK$78.5 million.At an adjourned creditors' meeting, China Ecotourism's restructuring scheme won approval from the requisite statutory majorities, with over 50% in number and at least 75% in value of voting claims in favor.It will now seek Hong Kong High Court sanction of the scheme, with a hearing scheduled for Oct. 15.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}