Huasi Holding (SHE:002494) resumed its trading after terminating plans to acquire controlling rights in Comba Technology, according to a Shenzhen Stock Exchange disclosure on Tuesday.
The Chinese fur and leather garment manufacturer was not able to reach a final consensus with the parties involved in the terminated transaction, the disclosure said.
The company's shares closed over 2% lower.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.