Park Ha Biological Technology shares drop 7.02% in after-hours trading due to media reports of being targeted for speculative selling and restricted asset transfer.

Tuesday, Jul 8, 2025 5:50 pm ET1min read
PHH--
Park Ha Biological Technology Co., Ltd. plunged 7.02% in after-hours trading, following media reports on June 17, 2025, that the company was targeted for speculative selling. Additionally, the company's Chinese subsidiary's restricted net assets, which cannot be freely transferred, impacted its financial allocation as of October 31, 2024.

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