China e-Wallet Payment Group Details Progress on Trading Resumption and Audit Issues
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China e-Wallet Payment Group (HK:0802) has announced progress on resuming trading on the Hong Kong Stock Exchange after addressing audit issues that led to a disclaimer of opinion on its financial statements. The company has deconsolidated certain subsidiaries and received a comfort letter from its auditor, indicating that a similar disclaimer may no longer be necessary if operations remain stable. The group continues to operate its core businesses despite the trading suspension, with a current market cap of HK$27.16M.
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