Summary by Moomoo AI
HEJING TAI FU GROUP HOLDINGS LIMITED (“HEJING TAI FU”) ANNOUNCED ON 8 MARCH 2024 THAT IT WILL SUSPEND TRADING ON THE HONG KONG UNITED EXCHANGE LIMITED (THE “EXCHANGE”) WITH EFFECT FROM 16 MAY 2023 AND WILL REMAIN SUSPENDED UNTIL FURTHER NOTICE. These notes include 5.875¢ due November 2024, 5.95¢ due August 2025, 6.3¢ due February 2026, 6.0¢ due August 2026 and 7.4¢ Preferred Notes due January 2027. The move is due to the company's breach of terms and conditions on 14 May 2023. HKUST said it will maintain active communication with note holders and seek to implement a comprehensive solution. THE COMPANY ALSO REMINDS INVESTORS TO CONSIDER THE RISKS INVOLVED AND ACT PRUDENTLY WHEN TRADING THE COMPANY'S SECURITIES AND ADVISES TO SEEK PROFESSIONAL ADVICE IF THEY HAVE ANY QUESTIONS.