
On January 22, Real Nutraceutical Group announced that the company’s listing status will be cancelled from Hong Kong Exchanges and Clearings, pursuant to Rule 6.01A of the Listing Rules with effect from January 26, 2021. Real Nutraceutical Group, which mainly engaged in the amino acid health products business, was listed in Hong Kong in 2010 and has been suspended since July 4, 2018, with its market capitalization set at RMB 318 million yuan (USD $49 million). During the years of listing, Real Nutraceutical Group went through the attack from the international short seller Glaucus Research, year by year decline on company’s revenue and net profit, investigation on illegal absorption of public deposits, and false advertising by its distributors. (Source: Shuzhengkangxun)