The Exchange has announced that it will cancel the listing of the Company’s shares as trading has been suspended since January 2022 and the Company has ceased its business operations. The Company’s liquidators have confirmed that there is no viable plan to address its insolvency and resume business operations, and have requested the Exchange to use its discretion to delist the Company immediately. The Exchange has the power to delist an issuer under Rule 6.01, and after evaluating the Company’s situation, it has concluded that the Company is no longer suitable for listing under Rule 6.01(4) and should be delisted immediately. The Company has been instructed to issue an announcement regarding the cancellation of its listing.
resource: https://www.hkex.com.hk/News/Regulatory-Announcements/2023/230511news?sc_lang=en