Hilong Holding set to resume trading after guidance fulfilled

Hilong Holding announced it has fulfilled all resumption guidance from the Hong Kong Stock Exchange and has applied to resume trading on July 8, 2025, after a suspension since April 2, 2024. The company addressed concerns stemming from an independent investigation into transactions involving its Russian subsidiaries and Metal Technology Co. Ltd. Key findings included issues related to MTC's establishment, independence, funding, and transactions.