HK Stock Movement | LVGEM CHINA (00095) Surges Over 18% in Early Trading as Company Seeks Buyers for Specific Properties; Winding-up Petition Hearing Adjourned to February Next Year

Stock News
Nov 07

LVGEM CHINA (00095) surged more than 18% in early trading, rising 14.22% to HK$0.265 by the time of writing, with a turnover of HK$4.73 million. The company recently disclosed its latest quarterly financial report, highlighting the completion of multiple financing adjustments that have alleviated financial pressure and improved liquidity. The group is actively seeking buyers for specific properties and expects timely receipt of proceeds from these sales. Additionally, LVGEM CHINA provided an update on its winding-up petition. According to the announcement, the latest court hearing information revealed that during the November 3, 2025, hearing at the Hong Kong High Court, the court ordered a further adjournment of the winding-up petition hearing to February 16, 2026.

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