HK Stock Market Move | DETAI NEWENERGY (00559) fell by more than 30%. The Hong Kong Stock Exchange indicated that it failed to maintain listing rules. It is expected that trading of its shares will be suspended on the 19th of this month.

DETAI NEWENERGY (00559) fell more than 30%, with a drop of 32.35% to HK$0.115 at the time of writing, with a turnover of HK$577,400. On the news front, on the evening of November 7, DETAI NEWENERGY announced that it had received a notification from the Stock Exchange on November 7, stating that the company had failed to maintain a sufficient level of operation and have sufficient asset value to support its operations as required by Rule 13.24 of the listing rules to ensure that its shares can continue to be listed. As a result, the trading of the company's shares will be suspended on November 19 in accordance with the listing rules unless the company applies for a review of the decision. At present, the company has not decided whether to request a review of the decision.