Summary by Moomoo AI
The delinquency of the Notes of March 2024 by Hejing Taifu Group (Stock Code: 1813) occurred on 14 May 2023 and resulted in the suspension of trading of the Notes with effect from 16 May 2023. The outstanding amount of the Notes is $4.58 million, and the Company expects that principal and interest will not be repayable on the maturity date. HAJING TAIFU GROUP IS SEEKING A COMPREHENSIVE SOLUTION TO ENSURE ITS SUSTAINABILITY AND COMMUNICATES WITH OVERSEAS CREDITORS. The March 2024 Notes will be delisted at the Hong Kong Stock Exchange Limited after their maturity on 5 March 2024. The Company will continue to communicate with the holders of the Notes.