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.