Jun. 3 at 3:17 PM
$LU The formal approval of the delayed 2024 and 2025 financial statements at the June 3rd AGM is final hurdles and biggest items for the AGM by far. HK trading deadline is July 27th. In order - Q1 financials released, AGM approves old financials, HK trading resumes, Ping An converts their 4.64
$1 billion bond - all before mid July or earlier. Lawsuit is absolutely nothing and will settle for
$5-10 mill, covered by insurance but will likely drag out for a while since it has to go through formal channels.