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(Bloomberg) — The clock is ticking for scores of Hong Kong-listed companies that could miss a deadline to post their 2020 earnings reports in coming days.
Mainland solar power maker GCL-Poly Energy Holdings Ltd. and Hainan Meilan International Airport Co., which operates an airport in China’s southernmost Hainan province, are among the more-than-40 Hong Kong-listed companies that are just days away from missing final deadlines to report their 2020 results.
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These companies have a combined market value of HK$146.8 billion ($18.9 billion), although most of them, apart from GCL and embattled state-owned debt-clearing agency China Huarong Asset Management Co Ltd., are small-caps.