Century Entertainment International Faces Additional Hong Kong Exchange Requirements Before Trading Can Resume

Century Entertainment International has been instructed to satisfy a new set of conditions imposed by the Hong Kong Stock Exchange before trading in its shares can resume, extending a suspension that has remained in effect since June 26, 2025. The company disclosed that it received a letter from the exchange on July 9 outlining further requirements that must be fulfilled before the trading halt can be lifted.

According to the company, the Hong Kong Stock Exchange has directed it to publish all outstanding financial results, resolve any audit modifications affecting its financial statements and commission an independent review of its internal control systems. These additional conditions form part of the exchange's ongoing assessment of whether the company has adequately addressed the issues that led to the suspension of trading.

The independent internal control review must demonstrate that all material deficiencies associated with the suspension have been properly identified and corrected. In addition, the review is required to confirm that every necessary remedial measure has been fully implemented. Century must also establish that its internal control framework is sufficiently robust to ensure compliance with regulatory obligations, including accurate financial reporting and the proper maintenance of accounting books, corporate records and operational documentation.

The expanded list of requirements follows the company's announcement on June 29 that it had delayed the publication of its annual financial results for the year ended March 31, 2026. The Hong Kong Stock Exchange had previously issued initial resumption guidance to Century in August 2025, outlining the steps required for the company to seek the restoration of trading.

Despite imposing the additional conditions, the exchange stated that Century Entertainment International continues to bear primary responsibility for developing and implementing an appropriate plan to achieve the resumption of trading. The exchange also noted that it reserves the right to amend, revise or introduce further guidance should the company's circumstances change during the process.

Trading in Century Entertainment International's shares will remain suspended until further notice. The suspension will continue until the company resolves the substantive issues that prompted the trading halt and fully satisfies all applicable requirements under the Hong Kong Stock Exchange's Listing Rules.

By fLEXI tEAM