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iPhone-maker Hon Hai halts trading ahead of disclosures

Debby Wu / Bloomberg
Debby Wu / Bloomberg • 1 min read
iPhone-maker Hon Hai halts trading ahead of disclosures
Trading suspensions typically take place ahead of the announcement of potentially market-moving decisions, such as an acquisition. Photo: Bloomberg
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Hon Hai Precision Industry Co.’s shares have been suspended from trading ahead of the disclosure of market-sensitive information, an unusual move that suggests an important announcement Wednesday.

The world’s largest assembler of Apple’s iPhones will apply for a resumption of trading after that disclosure, Taiwan’s stock exchange said in a statement.

A Hon Hai representative did not have immediate comment to provide.

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