Core Viewpoint - Yidu International Holdings (00259) experienced a significant decline in stock price, dropping over 22% in the afternoon trading session, with a current price of HKD 3.45 and a trading volume of HKD 23.7 million due to concerns surrounding its affiliate Suzhou Qingyue's financial reporting issues [1][1][1] Company Summary - Suzhou Qingyue, an affiliate of Yidu International Holdings, has received a "Notice of Investigation" from the China Securities Regulatory Commission (CSRC) regarding suspected false records in its periodic financial reports [1][1][1] - The company holds approximately 28.08% equity in Suzhou Qingyue, which is listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board [1][1][1] - Suzhou Qingyue reported a loss attributable to shareholders of approximately RMB 13 million for the third quarter of 2025 and a total loss of about RMB 43 million for the first three quarters of 2025 [1][1][1] Industry Summary - Suzhou Qingyue, established in 2010, specializes in providing comprehensive solutions for IoT terminal displays, focusing on the research, production, and sales of new display devices such as OLEDs [1][1][1] - The company went public on the Sci-Tech Innovation Board in December 2022, indicating its growth and development within the technology sector [1][1][1]
港股异动 | 亿都(国际控股)(00259)跌幅扩大逾22% 联营公司涉嫌财务造假被证监会立案