New Stock News | DeFeng Technology's listing application rejected, exclusive sponsor "rebuked"

According to the Wisdom Financial APP, as disclosed by the Hong Kong Stock Exchange, the listing application submitted by Beijing De Feng Xinzhengcheng Technology Co., Ltd. (De Feng Technology) to the Hong Kong Stock Exchange on November 14 was returned on November 24. Its exclusive sponsor, Rizin Capital Limited, was "stuck", becoming another "stuck" case at the Hong Kong Stock Exchange after a two and a half year hiatus. According to policy, a company whose IPO application is returned by the Hong Kong Stock Exchange must wait at least 8 weeks before reapplying.