Spoiled ending for Hongjiu, as Hong Kong delists former fruit highflyer
With founder Deng Hongjiu in jail on suspicion of accounting fraud, the company’s worthless shares have been booted from the Hong Kong Stock Exchange Key Takeaways: Three years after its…
Did falling durian prices undermine an already-shaky Hongjiu Fruit?
The fruit seller has yet to issue a 2023 annual report since KPMG resigned as its auditor in April, as top executives pledge shares to raise cash and an investigative…