Summary by Moomoo AI
HENGDAI NEW ENERGY AUTOMOBILE GROUP CO., LTD. (“HANG DAI AUTOMOBILES”) ANNOUNCED ON 29 JANUARY 2024 THAT ITS HOLDING SHAREHOLDER CHINA HENG DA GROUP WAS ORDERED TO LIQUIDATE BY THE HIGH COURT OF HONG KONG. Hang Tai Motor shares were suspended from 10:19 a.m. on the Hong Kong Stock Exchange Limited (HKEx) from 10:19 a.m. on the same day and applied to resume trading at 9 a.m. on January 30, 2024. The Board of Directors will continue to monitor developments closely and will make further announcements in due course. Shareholders and potential investors are reminded to exercise caution when trading Evergrande Automotive securities.