Hilong Holdings (01623.HK) has not reached any agreement with the special group on the restructuring terms of the bill, and the trading suspension continues.

On October 30, Geronghui | hilong holdings (01623.HK) announced that as of the date of this announcement, the company has not reached any agreement with the special committee on the restructuring terms of the notes. Nevertheless, the company continues to maintain constructive dialogue with the special committee and its advisors in the hope of reaching agreements on all economic terms as soon as practicable. In this regard, the group will continue to provide significant updates on the notes restructuring process to all stakeholders as appropriate. Trading remains suspended.

Gelonghui FinanceOct 30 09:11 ET

Behind the sharp drop in oil prices, jpmorgan's "confusion": where did the sudden emergence of 45 million barrels of oil in the market come from?

JPMorgan believes that global crude oil inventories are underestimated as a key factor. The additional inventories may be stored in underground facilities, causing satellite monitoring companies to be unable to accurately track specific changes. Oil industry authority Ilia Bouchouev stated that when estimating crude oil supply and demand data, investors are like groping in the dark, making it difficult to obtain accurate results.

wallstreetcnOct 30 03:52 ET

Two major issues gradually resolved, hilong (01623) achieved the progress of resumption guidance.

Under debt pressure, related party transactions of the Russian subsidiary are still under investigation, with the independent auditor withholding opinions, while Hilong Holdings (01623) has successively submitted double-digit performance growth.

Zhitong FinanceOct 29 23:22 ET

Hilong Posts Decline in H1 Profit

MT NewswiresOct 28 03:21 ET

Hilong Holding Ltd. Reports Strong Growth Amid Trading Suspension

TipRanksOct 27 06:37 ET

hilong (01623.HK): Mid-term revenue of 2.466 billion yuan, an increase of 33.5% year-on-year.

On October 27th, Hilong Holdings (01623.HK) announced that for the six months ended June 30, 2024, the revenue was approximately RMB 2.4656 billion, an increase of about 33.5% compared to the same period in 2023. The gross profit was approximately RMB 0.5783 billion, an increase of about 32.7% compared to the same period in 2023. The company's attributable profit from continuing operations to owners was approximately RMB 46 million, an increase of about 70.4% from RMB 27 million in 2023. Upon the company's request, the company's shares will be held from 2024.

Gelonghui FinanceOct 27 06:15 ET