XIWANG PROPERTY (02088.HK): HKEX to cancel listing from 9:00 a.m. on November 3 after missing resumption deadline
NewTimeSpace News: According to the HKEX on October 29, the Stock Exchange of Hong Kong Limited (the "Exchange") announced that the listing status of Xiwang Property Holdings Company Limited ("Xiwang Property", 02088.HK) will be cancelled with effect from 9:00 a.m. on November 3, 2026, under Rule 6.01A(1) of the Listing Rules.
The Exchange said trading in Xiwang Property's shares has been suspended since March 31, 2025. Under Rule 6.01A(1), the Exchange has the right to delist the company if it fails to resume trading by September 30, 2026. As the company failed to fulfill the resumption guidance set by the Exchange and resume trading by the deadline, the Listing Committee decided on October 16, 2026 to cancel the listing of the company's shares.
The Exchange has requested the company to publish an announcement on the cancellation of its listing, and advises shareholders who have any queries about the implications of the delisting to obtain appropriate professional advice.