China Smart Technology (01796.HK) received a default notice from a bondholder.

Financial news app report, China Smart Technology (01796.HK) announced that on July 16, 2026, the company received a default notice from a bondholder, regarding the 500 million Hong Kong dollar bond principal issued by the company on April 24, 2025 (the bond). The notice stated that the company failed to fully pay the interest on the bond at maturity, constituting a breach of the company's obligations under the relevant documents of the bond and default event. The bondholder demanded immediate repayment of the bond principal, along with the accrued interest owed.