Core Viewpoint - Zhongjun Group Holdings (01966.HK) has announced a default event regarding its February 2026 notes, leading to the suspension of trading since October 5, 2023 [1] Group 1: Default and Financial Situation - The outstanding principal amount of the February 2026 notes is $350 million [1] - Due to tight liquidity and ongoing discussions with overseas creditors, the company expects that the principal and accrued unpaid interest on the February 2026 notes will remain unpaid at maturity [1] - The February 2026 notes are set to mature on February 4, 2026, after which they will be delisted from the Hong Kong Stock Exchange [1] Group 2: Communication and Solutions - The company is working with its advisors to seek an overall solution that considers the interests of all stakeholders to ensure sustainable operations [1] - Following the delisting, the company will maintain active communication with noteholders [1]
中骏集团控股(01966.HK):2026年2月票据将于到期后在联交所除牌