Minshang Chuangke (01632): The Stock Exchange considers that the consolidated accounting treatment constitutes an attempt to circumvent the reverse takeover rules and the new listing requirements under Chapter 8 of the Listing Rules.

Minshang Chuangke (01632) announced that on June 11, 2026, the Company received a letter from the Stock Exchange of Hong Kong ("the Exchange") notifying it of the Exchange's decision: the Exchange considers that the consolidated accounting treatment constitutes an arrangement to circumvent the reverse takeover rules and the new listing requirements under Chapter 8 of the Listing Rules, thereby effecting a backdoor listing through Minshang Zhihui.

Zhitong FinanceJun 11 18:32 ET

Express News | Minshang Creative Technology - Stock Exchange Requires Co to Comply With Additional Reverse Takeover Requirements Including New Listing Requirements

ReutersJun 11 18:20 ET

Express News | Minshang Creative Technology - Stock Exchange of View That Consolidation Constituted Arrangement to Achieve Backdoor Listing of Minshang Zhihui

ReutersJun 11 18:20 ET

Express News | Minshang Creative Technology - Got Letter From Stock Exchange Notifying Company of Decision

ReutersJun 11 18:20 ET

Minshang Creative Technology Tightens Governance With Updated Nomination Committee Mandate

TipRanksFeb 11 04:39 ET

The software stock sector has collapsed, and no one 'dares to catch a falling knife.'

The S&P 500 Software & Services Index fell for the sixth consecutive trading session, but this selloff failed to attract any significant bottom-fishing buying. Even Microsoft, traditionally regarded as a safe haven, was not spared, with short sellers increasing their positions against the trend. Current market sentiment has evolved from valuation concerns at that time to deep anxiety over the potential disruption of traditional software business models by artificial intelligence.

wallstreetcnFeb 4 19:09 ET