Hi Sun Technology to Record HK$100 Million Impairment Loss on Megahunt Investment

Reuters
Feb 11
<a href="https://laohu8.com/S/HISNF">Hi Sun</a> Technology to Record HK$100 Million Impairment Loss on Megahunt Investment

Hi Sun Technology (China) Limited announced it expects to record a non-cash impairment loss of approximately HK$100 million on its investment in Megahunt Technologies Inc. for the year ended 31 December 2025. This follows a non-cash impairment loss of around HK$141.3 million for the previous year. The impairment is primarily due to a revised forecast reflecting changing market conditions and the business development of Megahunt. The figures are based on a preliminary assessment and have not been audited or reviewed by the company's auditors. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hi Sun Technology (China) Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260211-12021999), on February 11, 2026, and is solely responsible for the information contained therein.

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.

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