Updated October 4, 2026 · through Special Situations Digest #35 (Oct 4, 2026) · 78 this week

A running index of Hong Kong–listed special situations covered in the Special Situations Digest. Below: the 100 most recent situations spanning 11 categories — activist campaigns, going-private deals, tender offers, divestitures, restructurings, and more. Earlier coverage includes 610+ additional Hong Kong–listed situations from prior issues. Each item links to the underlying filing or news source.

Pro includes full weekly issues, downloads, the situations database, and the live feed. Subscribe for full access.

Jump to category
Divestitures (25)Acquisitions (24)Tender Offers (13)Rights Offerings (9)Restructuring (9)Insolvency (7)Going-Private (5)Capital Returns (4)Busted M&A (2)Spin-Offs (1)Delistings (1)

Divestitures 25 situations

Seacon Shipping Group Holdings Limited 2409.HK (HK) · HK$5.12 · MCAP $326M · EV $892M
Seacon Shipping Group agreed to sell 100% of the equity interests in the subsidiaries holding Vessel Group One to Cetus Maritime Holdings for approximately US$133.6 million.
Featured in Issue #35 · Oct 4, 2026
Evergrande Property Services 6666.HK (HK) · HK$1.16 · MCAP $1.6B · EV $1.0B
Evergrande Property Services disclosed on September 30, 2026 that China Evergrande and CEG Holdings, as potential sellers, had entered into an exclusivity agreement with a selected bidder for negotiations ending October…
Featured in Issue #35 · Oct 4, 2026
Sichuan Expressway Group Company Limited 107.HK (HK) · HK$4.94 · MCAP $2.5B · EV $8.7B
Sichuan Expressway Group Company Limited (107.HK) proposes to launch quasi REITs on the SSE with a registered issuance size of up to RMB 12.0 billion (~$1.8B).
Featured in Issue #35 · Oct 4, 2026
New World Development Company Limited 0017.HK (HK) · HK$5.82 · MCAP $1.9B
New World Development, Roxy, and Airport Authority entered into a Termination Deed on 30 September 2026 to end the Agreement for Sub-Lease early, before its 17 September 2066 expiry.
Featured in Issue #35 · Oct 4, 2026
Smart Fish Wealthlink Holdings Limited 139.HK (HK) · HK$0.09 · MCAP $13M
Smart Fish Wealthlink Holdings Limited (139.HK) delayed despatch of the circular regarding its CMBC share disposals from on or before 30 September 2026 to on or before 30 November 2026, to allow additional time to…
Featured in Issue #35 · Oct 4, 2026
MOG Digitech Holdings Limited 1942.HK (HK) · HK$0.06 · MCAP $16M · EV $7M
MOG Digitech Holdings Limited (1942.HK) is selling equity in 12 target companies to Aventure Asia Capital Plt for RM10.375 million in cash.
Featured in Issue #35 · Oct 4, 2026
Qian Xun Technology Limited 1640.HK (HK) · HK$0.48 · MCAP $37M · EV $30M
Qian Xun Technology Limited (1640.HK) postponed the despatch of its circular and EGM notice for the disposal of all issued share capital in Qian Xun Hong Kong Trading Limited.
Featured in Issue #35 · Oct 4, 2026
Capinfo Company Limited 1075.HK (HK) · HK$1.69 · MCAP $62M · EV -$3M (negative EV reflects cash in excess of market value)
Capinfo Company Limited (1075.HK) set a minimum selling price of RMB 15.23 per share for the disposal of its BJCA shares (supplementary announcement).
Featured in Issue #35 · Oct 4, 2026
ZHENGYE INTERNATIONAL HOLDINGS COMPANY Limited 3363.HK (HK) · HK$0.34 · MCAP $21M · EV $258M
Zhengye International Holdings Company Limited (3363.HK) is selling three floors of a factory building for RMB 23.4 million (~$3.5M) in cash.
Featured in Issue #35 · Oct 4, 2026
Jinxin Fertility Group Limited 1951.HK (HK) · HK$2.15 · MCAP $717M · EV $1.0B
Sanya Jinshu, an indirect wholly-owned subsidiary of Jinxin Fertility, proposes to transfer the entire equity interests in Hengyu to the ABS Program managed by the Project Manager.
Featured in Issue #35 · Oct 4, 2026
HKE Holdings Limited 1726.HK (HK) · HK$0.73 · MCAP $107M · EV $108M
HKE Holdings entered into the True Victor SPA to sell the True Victor Sale Share and assign the True Victor Sale Loan for HK$250.3 million (~$32M).
Featured in Issue #35 · Oct 4, 2026
Easyknit International Holdings Limited 1218.HK (HK) · HK$1.20 · MCAP $23M · EV $127M
Easyknit International Holdings Limited published a circular for a very substantial disposal of the entire issued share capital of a target company.
Featured in Issue #35 · Oct 4, 2026
Winfull Group Holdings Limited 183.HK (HK) · HK$0.15 · MCAP $11M · EV $25M
Winfull Group Holdings Limited (183.HK) conditionally agreed to sell a subsidiary's equity interest and debt to Mr.
Featured in Issue #35 · Oct 4, 2026
China Chengtong Development Group Limited 217.HK (HK) · HK$0.12 · MCAP $88M · EV $1.3B
China Chengtong Development Group Limited (217.HK) delayed the dispatch of its circular regarding a sale and leaseback arrangement with Shaanxi Dingbian Solar Power Generation Co., Ltd. The Stock Exchange granted a…
Featured in Issue #35 · Oct 4, 2026
China Chengtong Development Group Limited 217.HK (HK) · HK$0.11 · MCAP $87M · EV $1.3B
Chengtong Financial Leasing, a subsidiary of China Chengtong Development Group Limited (217.HK), entered into three sale and leaseback agreements on 30 September 2026 with Zhejiang Changxing Integrated Logistics Park…
Featured in Issue #35 · Oct 4, 2026
Xinyi Energy Holdings Limited 3868.HK (HK) · HK$0.81 · MCAP $852M · EV $1.9B
Shenzhen Stock Exchange accepted the New Energy Fund listing application on September 24, 2026.
Featured in Issue #35 · Oct 4, 2026
Lvji Technology Holdings Inc. 1745.HK (HK) · HK$2.85 · MCAP $18M · EV -$16M (negative EV reflects cash in excess of market value)
Lvji Technology Holdings Inc. (1745.HK) delayed the mailing of the circular for its very substantial disposal of debts.
Featured in Issue #34 · Sep 27, 2026
Carrianna Group Holdings Company Limited 126.HK (HK) · HK$0.08 · MCAP $17M · EV $207M
Carrianna Group Holdings Company Limited (stock code 126) is disposing of its entire 76.17% equity interest in Profit Smart Group Holdings Limited to Delight Rich International Limited.
Featured in Issue #34 · Sep 27, 2026
Kerry Properties Limited 683.HK (HK) · HK$17.58 · MCAP $3.3B · EV $10.7B
On 24 September 2026, Mid-Levels Portfolio Holdings Limited, an indirect wholly-owned subsidiary of Kerry Properties Limited, agreed to sell the entire issued share capital of the Target Company and assign the Sale Loan…
Featured in Issue #34 · Sep 27, 2026
Sichuan Expressway Group Company Limited 107.HK (HK) · HK$4.89 · MCAP $2.5B · EV $8.7B
Sichuan Expressway Group Company Limited (107.HK) disclosed valuations for a proposed Quasi REIT issuance involving Sichuan Rongcheng Second Ring Expressway Development Co., Ltd. The underlying asset portfolio was…
Featured in Issue #34 · Sep 27, 2026
Solis Holdings Limited 2227.HK (HK) · HK$0.35 · MCAP $41M · EV $20M
Solis Holdings Limited (2227.HK) extended the option for Straits Teamwork Pte Ltd to purchase a property.
Featured in Issue #34 · Sep 27, 2026
Legend Holdings 3396.HK (HK) · HK$26.16 · MCAP $7.9B · EV $28.0B
Legend Holdings (3396.HK) has initiated a sales process for its 90% stake in Banque Internationale à Luxembourg (BIL).
Featured in Issue #34 · Sep 27, 2026
Legend Holdings 3396.HK (HK) · HK$26.16 · MCAP $7.9B · EV $28.0B
Legend Holdings is working with Goldman Sachs to sell its 90% stake in Banque Internationale à Luxembourg.
Featured in Issue #34 · Sep 27, 2026
New World Development 0017.HK (HK) · HK$5.99 · MCAP $1.9B
New World Development secured Shanghai bourse approval for a REIT listing.
Featured in Issue #34 · Sep 27, 2026
New World Development 17.HK (HK) · HK$6.00 · MCAP $1.9B
New World Development (17.HK) secured Shanghai Stock Exchange approval to spin off a REIT holding Shanghai Hong Kong New World Tower for roughly US$570 million.
Featured in Issue #34 · Sep 27, 2026

Acquisitions 24 situations

Zhongyuan Bank Co., Ltd. 1216.HK (HK) · HK$0.30 · MCAP $1.4B
Zhongyuan Bank will hold its 2026 second EGM on October 23, 2026 at 3:00 p.m. at Zhongyuan Bank Building, Zhengzhou.
Featured in Issue #35 · Oct 4, 2026
Jiangsu Expressway Company Limited 177.HK (HK) · HK$10.69 · MCAP $9.0B · EV $15.4B
Jiangsu Expressway Company Limited (177.HK) will acquire 100% of Jiangsu Suxichang South Expressway Co., Ltd. for RMB 7.3 billion (~$1.1B) in cash.
Featured in Issue #35 · Oct 4, 2026
China Kingstone Mining Holdings Limited 1380.HK (HK) · HK$0.40 · MCAP $26M · EV $23M
China Kingstone Mining Holdings Limited is acquiring an 85% equity interest in the Target Company, with consideration involving issue of a promissory note.
Featured in Issue #35 · Oct 4, 2026
DFZQ 3958.HK (HK) · HK$5.71 · MCAP $10.3B
DFZQ received CSRC Acceptance of Application for Administrative Approval (Acceptance No.: 263087e 263088e 263089e 263083) on September 30, 2026.
Featured in Issue #35 · Oct 4, 2026
Fortior Technology (Shenzhen) Co., Ltd. 1304.HK (HK) · HK$119.40 · MCAP $3.2B · EV $2.6B
A circular is expected to be despatched on or before 5 November 2026.
Featured in Issue #35 · Oct 4, 2026
Shenglong Splendecor International Limited 8481.HK (HK) · HK$0.27 · MCAP $14M · EV $92M
Shenglong Splendecor International Limited (8481.HK) is paying RMB55.92 million (~$8.3M) in cash to Lin'an Bureau for land use rights in Hangzhou (Major Transaction).
Featured in Issue #35 · Oct 4, 2026
Good Fellow Healthcare Holdings Limited 8143.HK (HK) · HK$0.27 · MCAP $9M · EV $8M
Good Fellow Healthcare Holdings Limited (8143.HK) postponed the despatch of the circular for its acquisition of interests in a limited partnership.
Featured in Issue #35 · Oct 4, 2026
ADICON Holdings Limited 9860.HK (HK) · HK$4.65 · MCAP $440M · EV $568M
ADICON Holdings Limited (9860.HK) extended the deadline to acquire 100% of Crown Bioscience International to November 13, 2026.
Featured in Issue #35 · Oct 4, 2026
Ciprun Technology Holdings Company Limited 1020.HK (HK) · HK$0.22 · MCAP $170M · EV $190M
Ciprun Technology Holdings Company Limited (1020.HK) delayed the dispatch of a circular regarding an acquisition first announced on 21 August 2026.
Featured in Issue #35 · Oct 4, 2026
Domaine Power Holdings Limited 442.HK (HK) · HK$0.63 · MCAP $21M · EV $12M
Domaine Power Holdings Limited (442.HK) delayed the despatch of the circular for the proposed VAX Acquisition.
Featured in Issue #35 · Oct 4, 2026
Ocean One Holding Ltd. 9876.HK (HK) · HK$2.89 · MCAP $104M · EV $84M
In Ocean One Holding Ltd.'s (9876.HK) property acquisition, the Vendor is Capital Benefit Limited, acting by receivers Mr.
Featured in Issue #35 · Oct 4, 2026
Tianli International Holdings Limited 1773.HK (HK) · HK$0.74 · MCAP $197M · EV $542M
Tianli International Holdings Limited (1773.HK) disclosed that the pre-investment valuation of the Target Company was RMB348.74 million (~$52M) as at 31 August 2025.
Featured in Issue #35 · Oct 4, 2026
ITC Neocloud Group Limited 0199.HK (HK) · HK$2.55 · MCAP $354M
ITC Neocloud Group Limited's indirect wholly-owned subsidiary entered into an agreement on 28 September 2026 to acquire 80% equity interest in Guangzhou Chaoqi Xiyang Technology Co., Ltd. Cash consideration is…
Featured in Issue #35 · Oct 4, 2026
Shanshan Brand Management Co., Ltd. 1749.HK (HK) · HK$0.50 · MCAP $8M · EV $39M
Shanshan Brand Management was confirmed as the successful bidder for 29 trademarks at a public auction on 28 September 2026, at a bid price of RMB9,338,070 (~$1.3M) payable in cash.
Featured in Issue #35 · Oct 4, 2026
AustAsia Group Ltd. 2425.HK (HK) · HK$1.70 · MCAP $213M · EV $798M
In AustAsia Group Ltd.'s (2425.HK) acquisition, the Base Purchase Price is RMB320,000,000 (~$48M), with an Adjustment Amount and a cap on the Purchase Price of RMB350,000,000 (~$52M).
Featured in Issue #35 · Oct 4, 2026
Zijin Mining Group Co., Ltd. 2899.HK (HK) · HK$31.64 · MCAP $116.1B · EV $134.1B
On 28 September 2026, Zijin Mining agreed to extend the long-stop dates for its acquisition of control of Chifeng Jilong Gold Mining Group Limited from 30 September 2026 to 30 November 2026, inclusive, or another date…
Featured in Issue #35 · Oct 4, 2026
Tesson Holdings Limited 1201.HK (HK) · HK$2.00 · MCAP $95M · EV $77M
The Acquisition Consideration is satisfied by cash of RMB38,400,000 (~$5.7M) and the issuance of Consideration Shares equal to RMB60,000,000 (~$9M) divided by HK$2.00 per share.
Featured in Issue #35 · Oct 4, 2026
Apollo Future Mobility Group Limited 860.HK (HK) · HK$0.63 · MCAP $81M · EV $68M
Apollo Future Mobility Group Limited extended the long stop date for its acquisition of the entire equity interest of Golden Jumbo Limited.
Featured in Issue #34 · Sep 27, 2026
Hatcher Group Limited 8365.HK (HK) · HK$0.93 · MCAP $24M
Hatcher Group Limited (8365.HK) agreed to acquire Noah Ark International Group Limited from Ark Invest Holdings Limited (discloseable acquisition).
Featured in Issue #34 · Sep 27, 2026
Hope Life International Holdings Limited 1683.HK (HK) · HK$0.12 · MCAP $29M · EV $28M
Hope Life International Holdings Limited (1683.HK) extended the long stop date for an increase in shareholding in a non-wholly owned subsidiary to 20 November 2026.
Featured in Issue #34 · Sep 27, 2026
Estun Automation Co., Ltd 2715.HK (HK) · HK$14.84 · MCAP $4.0B · EV $4.2B
Estun Automation board resolved on September 23, 2026 to acquire 19.4574%, 3.7834%, and 21.6193% equity interests in Estun Intelligent (Jiangsu) from National Manufacturing Fund, Mixed Reform Fund, and General…
Featured in Issue #34 · Sep 27, 2026
LEPU ScienTech Medical Technology (Shanghai) Co., Ltd. 2291.HK (HK) · HK$11.81 · MCAP $515M · EV $326M
LEPU ScienTech Medical Technology (Shanghai) Co., Ltd. (2291.HK) postponed the distribution of the circular regarding its acquisition of a 54.2384% stake in Shanghai Minwei Biotechnology Co., Ltd. The document, which…
Featured in Issue #34 · Sep 27, 2026
Meilleure Health International Industry Group Limited 2327.HK (HK) · HK$0.23 · MCAP $117M · EV $153M
Meilleure Health International Industry Group Limited (2327.HK) agreed to acquire a property-holding subsidiary from Yee Sheng Enterprises Company Limited for HK$35.2 million (~$4.5M) in cash.
Featured in Issue #34 · Sep 27, 2026
Yantai North Andre Juice Co., Ltd. 2218.HK (HK) · HK$20.68
Yantai North Andre Juice Co., Ltd. (02218) entered into an agreement to acquire control of Ningbo Yongqiang Technology Co., Ltd. This acquisition is classified as a discloseable transaction.
Featured in Issue #34 · Sep 27, 2026

Tender Offers 13 situations

Trio Industrial Electronics Group Limited 1710.HK (HK) · HK$2.06 · MCAP $263M · EV $266M
Luxshare Precision Limited and Trio Industrial Electronics Holding Limited entered into a non-legally binding MOU on 29 September 2026 regarding the possible purchase of 750 million shares, or 75% of Trio Industrial…
Featured in Issue #35 · Oct 4, 2026
Strong Petrochemical Holdings Limited 852.HK (HK) · HK$0.22 · MCAP $60M · EV $90M
Speed Success signed a legally binding SPA with FWI and the Liquidators to buy 1.0 billion ordinary shares, approximately 49.06% of Strong Petrochemical Holdings Limited.
Featured in Issue #35 · Oct 4, 2026
Fu Shou Yuan International Group Limited 1448.HK (HK) · HK$2.64 · MCAP $764M · EV $565M
AFG Securities Limited is making an unconditional voluntary cash partial offer for and on behalf of Gong Hailin to acquire up to 115.0 million shares in Fu Shou Yuan International Group Limited.
Featured in Issue #35 · Oct 4, 2026
KFM Kingdom Holdings Limited 3816.HK (HK) · HK$4.24 · MCAP $324M · EV $331M
KFM Kingdom Holdings Limited: Luxshare Hong Kong agreed to acquire 342.0 million Sale Shares from KIG Real Estate at HK$2.00 per share for HK$684.0 million (~$87M).
Featured in Issue #35 · Oct 4, 2026
Shanghai Realway Capital Assets Management Co., Ltd. 1835.HK (HK) · HK$3.69 · MCAP $72M · EV $56M
Shanghai Realway Capital Assets Management Co., Ltd. (1835.HK) and 3G Limited extended the Long Stop Date of their Subscription Agreement from 30 September 2026 to 31 December 2026.
Featured in Issue #35 · Oct 4, 2026
LFG Investment Holdings Limited 3938.HK (HK) · HK$2.79 · MCAP $174M
LFG Investment Holdings Limited (3938.HK) extended the long stop date for a potential mandatory cash offer to 31 October 2026.
Featured in Issue #35 · Oct 4, 2026
Somerley Capital Holdings Limited 8439.HK (HK) · HK$1.31 · MCAP $25M · EV $19M
Sky Links Group Limited is expected to make a mandatory unconditional cash offer for Somerley Capital Holdings Limited (8439.HK) at HK$0.818 per share following completion of the underlying sale and purchase agreement.
Featured in Issue #35 · Oct 4, 2026
LOTUS HORIZON HOLDINGS Limited 6063.HK (HK) · HK$0.98 · MCAP $247M · EV $239M
VICTOR XU LIMITED is making a general offer for Lotus Horizon Holdings Limited.
Featured in Issue #35 · Oct 4, 2026
Ritamix Global Limited: Purchasers agreed to buy 363.8 million Shares from the Vendors, representing approximately 77.08% of issued Shares and 77.94% of issued Voting Shares.
Featured in Issue #34 · Sep 27, 2026
Hang Yick Holdings Company Limited 1894.HK (HK) · HK$0.57 · MCAP $17M · EV $2M
Ngai Wa Ping announced a pre-conditional voluntary cash partial offer to acquire 30 million shares of Hang Yick Holdings Company Limited (1894.HK), representing approximately 12.86% of issued share capital.
Featured in Issue #34 · Sep 27, 2026
Coastal Greenland Limited 1124.HK (HK) · HK$0.11 · MCAP $6M
Deep Water Strategy Limited now owns 36.93% of Coastal Greenland Limited (1124.HK) after buying 153.1 million shares from the receiver on 24 August 2026.
Featured in Issue #34 · Sep 27, 2026
Shanghai Realway Capital Assets Management Co., Ltd. 1835.HK (HK) · HK$3.98 · MCAP $78M
3G Limited is pursuing a possible unconditional mandatory cash offer for all issued H shares of Shanghai Realway Capital Assets Management Co., Ltd. (1835.HK).
Featured in Issue #34 · Sep 27, 2026
Somerley Capital Holdings Limited 8439.HK (HK) · HK$1.11 · MCAP $21M
Sky Links Group Limited may launch a mandatory unconditional cash offer for all remaining shares and cancel all outstanding options of Somerley Capital Holdings Limited (8439.HK).
Featured in Issue #34 · Sep 27, 2026

Rights Offerings 9 situations

Artgo Holdings Limited 3313.HK (HK) · HK$0.71 · MCAP $13M · EV $61M
Artgo Holdings proposes to raise up to approximately HK$204.78 million (~$26M) gross via a rights issue of 426.6 million rights shares at HK$0.48 per rights share.
Featured in Issue #35 · Oct 4, 2026
Universal Health International Group Holding Limited 2211.HK (HK) · HK$0.46 · MCAP $6M · EV $4M
Universal Health International Group Holding Limited (2211.HK) is conducting a rights issue of four (4) Rights Shares for every one (1) Adjusted Share held on the Record Date of 2 October 2026.
Featured in Issue #35 · Oct 4, 2026
Green Power Group Limited 1870.HK (HK) · HK$0.21 · MCAP $28M · EV $23M
Green Power Group Limited, formerly Acme International Holdings Limited, is Hong Kong-listed under stock code 1870.
Featured in Issue #35 · Oct 4, 2026
Plateau Treasures Limited 8402.HK (HK) · HK$0.11 · MCAP $6M · EV $6M
Plateau Treasures Limited proposed a rights issue of one (1) Rights Share for every two (2) Shares held on the Record Date.
Featured in Issue #35 · Oct 4, 2026
China Environmental Technology Holdings Limited 646.HK (HK) · HK$0.25 · MCAP $11M · EV $34M
China Environmental Technology Holdings Limited's (646.HK) proposed Rights Issue is on the basis of six rights shares for every one new share held on the record date on a non-underwritten basis.
Featured in Issue #35 · Oct 4, 2026
Easyhold Group Holdings Limited 1703.HK (HK) · HK$0.31 · MCAP $5M · EV $7M
Easyhold Group Holdings Limited is proposing a non-underwritten rights issue on the basis of one rights share for every one share held at the close of business on the record date.
Featured in Issue #35 · Oct 4, 2026
Asia-Pac Financial Investment Company Limited 8193.HK (HK) · HK$0.11 · MCAP $4M · EV -$5M (negative EV reflects cash in excess of market value)
Asia-Pac Financial Investment Company Limited (8193.HK) proposes a rights issue of two (2) Rights Shares for every one (1) Share held on the Record Date.
Featured in Issue #35 · Oct 4, 2026
Litian Pictures Holdings Limited 9958.HK (HK) · HK$0.13 · MCAP $9M · EV $30M
Litian Pictures Holdings Limited (Stock Code: 9958) announced a delay in despatch of the circular for its proposed rights issue.
Featured in Issue #35 · Oct 4, 2026
Ta Yang Group Holdings Limited 1991.HK (HK) · HK$0.67 · MCAP $13M · EV $46M
Circular despatch postponed to on or before Friday, 9 October 2026.
Featured in Issue #35 · Oct 4, 2026

Restructuring 9 situations

Risecomm Group Holdings Ltd. 1679.HK (HK) · HK$1.32 · MCAP $36M · EV $61M
Risecomm Group Holdings Ltd. (1679.HK) entered into a loan capitalization agreement to settle debt with a subscriber by issuing 69.8 million shares and convertible bonds with a principal amount of HK$128.5 million…
Featured in Issue #35 · Oct 4, 2026
Fantasia Holdings Group Co., Limited 1777.HK (HK) · HK$0.031 · MCAP $14M
Fantasia Holdings Group (1777.HK) faces significant doubts about its ability to continue operations after auditors issued disclaimers of opinion on the 2024 and 2025 consolidated financial statements.
Featured in Issue #35 · Oct 4, 2026
Macau Legend Development Limited 1680.HK (HK) · HK$0.17 · MCAP $20M · EV $330M
Macau Legend Development Limited (1680.HK) secured a loan extension and covenant amendment from creditor banks for a HK$2.3 billion (~$293M) facility.
Featured in Issue #35 · Oct 4, 2026
Ko Yo Chemical (Group) Limited 0827.HK (HK) · HK$0.0380 · MCAP $34M
About RMB1.21 billion (~$181M) in bank loans have been renewed, restructured or are not yet due.
Featured in Issue #35 · Oct 4, 2026
Redsun Properties Group Limited 1996.HK (HK) · HK$0.026 · MCAP $11M
Redsun Properties Group Limited (1996.HK) extended or slowed repayment schedules on seven loans totaling about RMB2.9 billion (~$433M) and secured RMB46 million (~$6.9M) in new financing during the nine months ended 30…
Featured in Issue #35 · Oct 4, 2026
Central China Real Estate Limited 0832.HK (HK) · HK$0.0410 · MCAP $16M
Central China Real Estate Limited (0832.HK) submitted a preliminary restructuring framework to creditors for its offshore debt.
Featured in Issue #35 · Oct 4, 2026
China First Capital Group Limited 1269.HK (HK) · HK$0.048 · MCAP $11M
China First Capital Group Limited (1269.HK) extended the consent fee deadline under its Restructuring Support Agreement to 31 October 2026.
Featured in Issue #35 · Oct 4, 2026
Green Leader Holdings Group Limited 61.HK (HK) · HK$0.18 · MCAP $3M
Company, China OEPC and Ms. Hao entered into Third Amendment Deeds on 3 September 2026 to extend maturity of HK$395.0 million (~$50M) zero coupon unsecured unlisted Convertible Notes from 26 June 2026 to the CN Extended…
Featured in Issue #35 · Oct 4, 2026
KWG Group Holdings Limited 1813.HK (HK) · HK$0.09 · MCAP $38M
KWG Group Holdings Limited (1813.HK) announced that holders of approximately 76.33% of the aggregate outstanding principal amount of In-Scope Debt have acceded to the restructuring support agreement (RSA).
Featured in Issue #35 · Oct 4, 2026

Insolvency 7 situations

Pan Asia Data Holdings Inc. 1561.HK (HK) · HK$0.0600 · MCAP $8M · EV $22M
The High Court of Hong Kong adjourned the winding-up petition hearing for Pan Asia Data Holdings Inc. (1561.HK) to 12 October 2026 at the joint request of the company and the petitioner.
Featured in Issue #35 · Oct 4, 2026
Xinhua News Media Holdings Limited 0309.HK (HK) · HK$0.91 · MCAP $6M
Xinhua News Media Holdings Limited (0309.HK) maintains that it will oppose the winding-up petition first disclosed on September 13, 2026.
Featured in Issue #35 · Oct 4, 2026
Skyfame Realty (Holdings) Limited 0059.HK (HK) · HK$0.0100 · MCAP $11M
Li Baihao filed a winding-up petition against Skyfame Realty (Holdings) Limited (0059.HK) on 30 September 2026 over an alleged non-repayment of HK$10.5 million (~$1.3M).
Featured in Issue #35 · Oct 4, 2026
Furniweb Holdings Limited 8480.HK (HK) · HK$0.14 · MCAP $16M · EV -$31.8K (negative EV reflects cash in excess of market value)
Controlling shareholder PRG Holdings Berhad faces a winding-up petition and has filed for judicial management in the High Court of Malaya.
Featured in Issue #35 · Oct 4, 2026
Redsun Properties Group Limited 1996.HK (HK) · HK$0.026 · MCAP $11M
The High Court adjourned the winding-up petition hearing for Redsun Properties Group Limited (1996.HK) to 12 April 2027.
Featured in Issue #35 · Oct 4, 2026
Polyfair Holdings Limited 8532.HK (HK) · HK$0.0630 · MCAP $681K · EV $13M
Polyfair Holdings Limited (8532.HK) re-scheduled the hearing for a winding-up petition presented by DBS Bank (Hong Kong) Limited to 26 October 2026.
Featured in Issue #35 · Oct 4, 2026
PW Medtech Group Limited 1358.HK (HK) · HK$0.91 · MCAP $165M · EV $27M
PW Medtech Group Limited (1358) disclosed that creditors approved an asset realisation plan to dispose of the assets of its indirect wholly-owned subsidiary, Xuzhou Yijia Medical Device Co., Ltd. (Inside Information).
Featured in Issue #35 · Oct 4, 2026

Going-Private 5 situations

Guotai Junan International 1788.HK (HK) · HK$2.90 · MCAP $3.5B
Guotai Junan International restricted mainland China legacy accounts to sell-only and withdrawals effective September 26.
Featured in Issue #35 · Oct 4, 2026
Maoye International Holdings Limited 848.HK (HK) · HK$0.10 · MCAP $65M
W.F Group Limited proposes to privatise Maoye International Holdings Limited by a Cayman Islands scheme of arrangement under section 86.
Featured in Issue #35 · Oct 4, 2026
Public Financial Holdings Limited 626.HK (HK) · HK$2.15 · MCAP $302M
Public Bank Berhad proposes to privatise Public Financial Holdings Limited by way of a scheme of arrangement under section 99 of the Companies Act 1981 of Bermuda.
Featured in Issue #35 · Oct 4, 2026
Get Nice Holdings Limited 0064.HK (HK) · HK$3.85 · MCAP $303M
Offeror Honeylink Agents Limited, wholly owned by Mr.
Featured in Issue #35 · Oct 4, 2026
Goodbaby International Holdings Limited 1086.HK (HK) · HK$1.08 · MCAP $230M · EV $175M
Crystal Aurora International Ltd. proposes to privatise Goodbaby International Holdings Limited by way of a Cayman Islands scheme of arrangement.
Featured in Issue #35 · Oct 4, 2026

Capital Returns 4 situations

MIXUE Group 2097.HK (HK) · HK$181.90 · MCAP $8.8B · EV $6.0B
The total aggregate payout is estimated at RMB1.0 billion (~$149M) based on 379.6 million shares.
Featured in Issue #35 · Oct 4, 2026
China Feihe 6186.HK (HK) · HK$2.73 · MCAP $3.1B · EV $1.1B
China Feihe declared a special dividend of HK$0.2905 per share on September 29, 2026.
Featured in Issue #35 · Oct 4, 2026
CITIC Resources Holdings Limited 1205.HK (HK) · HK$0.60 · MCAP $586M · EV $199M
CITIC Resources Holdings Limited declared a special dividend of HK$0.081 per share.
Featured in Issue #35 · Oct 4, 2026
Hengdeli Holdings Limited 3389.HK (HK) · HK$0.34 · MCAP $191M · EV $25M
Hengdeli Holdings Limited (3389.HK) proposes to pay a special dividend of HKD 0.266 per share in cash.
Featured in Issue #35 · Oct 4, 2026

Busted M&A 2 situations

Breton Technology Co., Ltd. 1333.HK (HK) · HK$14.35 · MCAP $645M · EV $699M
Breton Technology terminated its Equity Transfer Agreement to acquire 6.8281% of Shanghai Xingmiao Photoelectric Technology Co., Ltd. The termination agreement was entered into on September 29, 2026.
Featured in Issue #35 · Oct 4, 2026
Changhong Jiahua Holdings Ltd. 3991.HK (HK) · HK$0.59 · MCAP $195M · EV $212M
Hongtu Investment Co., Limited failed to privatize Changhong Jiahua Holdings Ltd. (3991.HK) after the proposal lapsed on 20 September 2026.
Featured in Issue #34 · Sep 27, 2026

Spin-Offs 1 situation

Xinyi Solar Holdings Limited 968.HK (HK) · HK$1.92 · MCAP $2.2B · EV $4.1B
Xinyi Solar Holdings Limited (0968.HK), as holding company of Xinyi Energy Holdings Limited (03868.HK), announced a possible spin-off and PRC listing of XYE New Energy Fund on the Shenzhen Stock Exchange.
Featured in Issue #35 · Oct 4, 2026

Delistings 1 situation

Khoon Group Limited 0924.HK (HK) · HK$0.12 · MCAP $16M
The Hong Kong Stock Exchange Listing Committee decided to cancel the listing of Khoon Group Limited (0924.HK) citing US sanctions and resulting sanction risks as materially affecting the business.
Featured in Issue #35 · Oct 4, 2026
Browse by category (all categories)
Activist CampaignsAcquisitionsStrategic ReviewsDivestituresTender OffersGoing-PrivateSpin-OffsCapital ReturnsRights OfferingsSPACs
Browse by market (all markets)
JapanSouth KoreaChinaHong KongIndiaAustraliaUnited KingdomCanadaSweden
Guides: Odd-lot tender offers · Japan activist campaigns tracker
Get the full Special Situations Digest weekly
Hundreds of situations across 25+ markets every Sunday. Excel/PDF/JSON exports and the Situations Database. 14-day free trial.
Start 14-day free trial →