Hongkong's Old Clothing Chain Industry Listed Company

At the end of March there was a profit of HK $60 million, but now it is suddenly announced that it is winding up.

Hongkong, an old clothing chain company, has survived the Asian financial turmoil in 1997, survived the 2003 SARS crisis, but failed to overcome this global financial tsunami.

As the stock price plunged 50% in a month, causing banks to question their solvency and recover nearly HK $1 billion 200 million of loans, Hongkong became the most recently listed company in the near future that failed to repay loans in.

Yesterday, the reporter contacted the government department of Guangdong Foshan Shunde district that she had been sealed up by the court.

It is understood that there are more than 2000 migrant workers in the production base.

At present, hundreds of Chongqing migrant workers who have worked in the factory have received two months' wages as severance payments.

Because migrant workers are skilled workers, they can be directly employed without training.

Garment enterprises that first pferred to inland areas have "killed back their guns" to invite candidates.

Originally stranded in the local Chongqing migrant workers, after several years of employment, most have found the next home.

Yesterday, reporters came to Monument for Liberation 54 Road, found that the original set up here, a Wei Wei store has long been without trace.

According to the staff of a clothing store nearby, the brand of "Wei Wei" has disappeared for nearly two years.

It is also understood that in March of this year, the company borrowed money from workers in Shunde's Ministry of Commerce in the name of the company's capital turnover, and promised to return it in July, but there was no sign of it.

It is estimated that he borrowed about 25 million of all workers from Shunde factories and sales outlets.

The public security department has not released the results for the time being.