INFINITIES TECH (01961.HK):Facing a winding-up petition, with a hearing scheduled for October 28.

NewTimeSpace News: On 21 October 2026, Infinities Technology International (Cayman) Holding Limited (stock code: 01961) said it received a winding-up petition filed on 12 August 2026 with the High Court of Hong Kong by Cheong Ming Properties Limited over a claimed outstanding debt of HKD 941,010.43 plus interest on HKD 780,766.23 at 1.5% per month from 6 January 2026 to the payment date, with a hearing set for 28 October 2026.

Under section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance, any disposal of the Company's property and any transfer of shares after the petition date is void unless a validation order is obtained. Hong Kong Settlements may also suspend services, including accepting share deposits. The Company is discussing a settlement with the petitioner, has not applied for a validation order as no strict obligation arises and no shareholder has requested one, and will consider applying at a later stage. No winding-up order has been granted.