China First Capital Group (HKG:1269) said the substitution application's hearing related to the winding up petition is fixed for March 19, 2025, according to a Friday filing with the Hong Kong bourse.
The company allegedly owes HK$10 million to a bondholder. The company is looking for all legal options to settle the matter.
China First Capital Group shares soared over 27% on market close.
Price (HKD): $0.11, Change: $+0.023, Percent Change: +27.38%