1069 Could the acquisition news possibly be a false rumor?
$CN HEALTH TECH(01069.HK$ The acquisition of $BOZZA DEVELOP (01069.HK)$ has limited information available online, and Moomoo seems to be the sole platform displaying this information. While it might seem unlikely, is there a possibility that the news on Moomoo could be inaccurate? The stock's suspension was prompted by scammers offloading shares they purchased during the pump of this stock. The company's decision to halt trading was aimed at preventing a stock crash caused by these actions.
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Sanju : That is all this mess about. Company is not issuing any information not even reason for halt. If your last statement is true then how long the company could halt the trading? What they can do by halting longer than normal usually short period to prevent the stock fall further? Not disclosing any information by company is making everyone nervous and not feeling comfortable about the future of the company. I am not an expert but this how I feel. On the day of the halt after looking at the share holders ratio there are some big players ( Citi bank NA, IBKR, Futu etc..) also holding this stock. So there is a lot of uncertainty. It could turn around or we are completely screwed. The company had history of trading halt and delisting since Oct 2021 to July 2023.
devi2OP : my sole ray of hope to avert sinking and losing everything rests with these significant companies holding shares.
72954915 : hk/listedco/lis...
devi2OP 72954915: I'm not even sure if this is an official document
104353482 : You can only wait now, it's useless to be in a hurry, you can think calmly
Jaguar8 : It is not only on Moomoo. The halt and reason for halting was published on HKEX.
devi2OP Jaguar8: thanks
Jaguar8 devi2OP: If it is the HKEX publishing it, then it is deemed official document.
Psycho Prof : it's official news. fidelity in USA told me directly.
73823287 devi2OP: that is an official document from the hkse. If you look on hkex.com/hk youll see if listed under news for 1069.
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