HK Stock Market Move | HAICHANG HLDG(02255) rebounds by more than 5%. The company stated that it does not assume any payment and guarantee obligations for the financial products related to shareholders.

HAICHANG HLDG (02255) rebounded by more than 5%, rose by 5.68% as of the time of publication, closing at 0.465 Hong Kong dollars, with a turnover of 22.1946 million Hong Kong dollars. On the news front, HAICHANG HLDG announced that recently, there have been media reports that the company's controlling shareholder Xiangyuan Holdings and the actual controller have taken joint guarantee responsibility for some financial products that have been partially overdue for repayment. The company stated that the controlling shareholder is currently in communication to handle the overdue repayment of the financial products. The financial products involved in this incident are unrelated to the group and its shares, and the group does not bear any repayment or guarantee obligations. Currently, the group's production and operation are all normal. In addition, HAICHANG HLDG announced that Sanya Haichang Dream Ocean Nocturnal City has partnered with Sanya Man Po Tour Development Co., Ltd. to introduce the "See Sanya" immersive night tour tribe, which officially opened on December 6th. The board of directors believes that the introduction of the entertainment project will significantly enhance the overall competitiveness of Sanya Park.