HK Stock Market Move | Agile Group (03383) plunged 14% in the afternoon, reportedly facing liquidation petition, court hearing scheduled for February next year.
Country Garden Holdings (03383) plummeted 14% in the afternoon, as of the deadline, down 13.16% to HK$0.33 with a trading volume of HK$5.4828 million.
AGILE GROUP (03383) plummeted by 14% in the afternoon, and as of the time of writing, it has fallen by 13.16%, to HK$0.33, with a trading volume of 5.4828 million Hong Kong dollars.
On the news front, it has been reported that AGILE GROUP was petitioned for liquidation by Niu He (Zhongshan) Enterprise Management Co., Ltd. in the High Court. According to the judicial institution's website, the case is scheduled for a hearing on February 25 next year. Information shows that Niu He International announced in June 2021 a joint venture with Country Garden to win the land use rights of Zhongshan land and develop the project, with a land price of 4 billion yuan.
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