HK Stock Market Move | ZHUGUANG HOLD (01176) fell by over 33% during trading, with the announcement of the full-year performance for 2025 postponed until April.

ZHUGUANG HOLD (01176) fell more than 33% during the day. As of the time of writing, it fell 33.33% to 0.026 Hong Kong dollars, with a turnover of 681,800 Hong Kong dollars. In terms of news, on March 19, ZHUGUANG HOLD announced that as of the date of this announcement, the company's independent valuer and auditor were unable to complete their respective valuation and audit work for the 2025 financial year, including but not limited to the valuation of investment properties, properties under development, and completed properties for sale, the expected credit loss assessment of trade receivables and other receivables, investments in an associated company (i.e. SILVER GRANT Holdings Limited, listed on the main board of the Stock Exchange of Hong Kong with stock code: 0171), and the audit confirmation of several significant items in the group's consolidated financial statements. Therefore, the year-end financial statement settlement process and audit procedures may be delayed, and the auditors may not be able to complete all the audit work related to the group on schedule. In accordance with Rule 13.49(1) of the Listing Rules, the full-year performance for 2025 may not be published by March 31, 2026. The company has reached an agreement with the auditors and expects to announce the full-year performance of the group for 2025 (based on the group's 2025 financial statements) within April 2026.