Changes in Hong Kong stocks | Global Digital Holdings (00339) once fell by more than 70% following a letter from the Stock Exchange, shares faced suspension of trading

The Zhitong Finance App learned that the stock price of Global Digital Holdings (00339) fell and fell by more than 70% earlier this morning. As of press release, it decreased by 44.12% to HK$0.38, with a turnover of HK$1.2034 million.

According to the news, Global Digital Holdings issued an announcement and received a letter from the Stock Exchange on November 2, 2026, informing the company of its decision that the company failed to maintain a sufficient level of business operation and assets with sufficient value to support its operations as stipulated in section 13.24 of the listing rules to ensure that its shares can continue to be listed, and that trading of the company's shares will be suspended in accordance with section 6.01 (3) of the listing rules. Trading of the company's shares will be suspended on November 12, 2026, unless the company applies to review the decision.

According to the announcement, the value of the company's financial assets was reduced from HK$17.7 million on 31 December 2021 to HK$5.4 million on June 30, 2026; revenue for the six months ended June 30, 2026 was HK$1.6 million, with total assets of about HK$9 million, total liabilities of about HK$1.8 million and net asset value of approximately HK$7.1 million.