HK Stock Market Move | INFINITIES TECH (01961) plunges over 70% to hit a record low or delay the publication of last year's performance. It is expected to suspend trading starting tomorrow.

Following a 50% drop yesterday, INFINITIES TECH (01961) continued to decline at the opening this morning, with the decline expanding to over 70% in the afternoon, hitting a record low of 0.072 Hong Kong dollars. As of the time of writing, it has dropped by 70.8% to 0.073 Hong Kong dollars, with a trading volume of 12.4637 million Hong Kong dollars. On the news front, INFINITIES TECH recently announced that there may be a delay in the publication of the annual results for the year ending December 31, 2025, and the postponement of the board meeting. The board expects the shares to be suspended from April 1, pending the publication of last year's performance. The group stated that it has not fully settled the audit fees for the year 2024 with the audit firm Ernst & Young, thus an agreement has not been reached with the auditors on the audit work for last year's performance.