Nan Hai Corporation to be delisted from the Hong Kong Stock Exchange on Oct 31

Online media HK01's parent company Nan Hai Corporation, founded by businessman Yu Pun-hoi, has its listing status revoked as trading in its securities has remained suspended for 18 continuous months.

The delisting will be effective on October 31, while Nan Hai decided not to apply to the Hong Kong Exchanges and Clearing Limited to review the delisting decisions.

The Exchange will also delist the Sino-I Technology under Nan Hai Corporation on the same effective date.