AiCoin
AiCoin|Nov 17, 2025 13:04
[HKEX Orders Star Chain to Suspend Trading, Stock Price Plummets 73%] Cryptocurrency concept stock Star Chain (00399.HK) announced on November 17, 2025, that it has been ordered by the Hong Kong Stock Exchange (HKEX) to suspend trading on November 26 due to failure to meet the requirements for continued listing. On November 17, Star Chain's stock price plummeted 73%, closing at HK$0.064 per share, marking a 91% evaporation from its peak at the end of July. HKEX cited Rule 13.24 of the Listing Rules, stating that Star Chain failed to maintain sufficient operational levels and lacked assets of adequate value to support its operations. Star Chain stated that it will apply for a review by the Listing Committee of HKEX.
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