Trading of shares in Chinese fishery firm suspended after auditor resigns

A photo of workers onboard a China Ocean Group fishing vessel.

Trading in the shares of Chinese fishery company China Ocean Group Development Limited remains suspended after the firm’s auditor resigned in dramatic fashion.

On 3 October, 2022, Reanda Lau and Au Yeung CPA Limited tendered its resignation as China Ocean’s auditor and was replaced in its duties on the same day by Elite Partners CPA.

Trading in the company’s shares on the Hong Kong Stock Exchange was suspended and the firm has yet to publish its audited annual results for 2022 ... 

Photo courtesy of China Ocean Group Development Limited

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