New York, May 23, 2026, 17:05 EDT
CCH Holdings Ltd ended the session Friday at just below 49 cents in the U.S. after a sharp move higher before the long weekend. The Malaysia-based hotpot chain, which still trades under the $1 Nasdaq threshold, remains short of the exchange’s minimum price rule.
Markets won’t open again until Tuesday. The Nasdaq is closed for the weekend, and it will also stay shut on Monday for Memorial Day. Investors looking for signs on the bounce will need to wait.
CCHH traded at $0.4948 late. Volume totaled 220,373 shares. The intraday high was $0.52, market data showed. Shares finished around $0.49 on May 22, up from $0.388 a week earlier on May 15 for a roughly 28% gain over the week.
Nasdaq Composite finished Friday up 0.19% at 26,343.97. The index covers stocks listed on the Nasdaq.
CCH is still trading well under its IPO price. The stock closed the first day in October at $4.00 after going public on the Nasdaq Capital Market as CCHH, the company’s annual filing said.
CCH put out a Form S-8 for the SEC on May 20, registering 5.5 million Class A ordinary shares under its 2026 equity incentive plan. The shares don’t hit the market now. But if granted or sold, they would dilute existing investors.
CCH adopted a dual-class share structure this month, giving Class B ordinary shares 50 votes and Class A shares just one vote each.
CCH’s risk hasn’t changed. The company got a notice from Nasdaq in February because the share price stayed below $1.00 for 30 consecutive days, which breaks the minimum closing price rule. CCH has until Aug. 3 to push the stock above $1.00 for at least 10 trading days in a row. Trading on Nasdaq didn’t stop when the notice came.
CCH, which operates Chicken Claypot House and Zi Wei Yuan stores in Malaysia and overseas, reported 2025 revenue of $9.59 million, up 7.6%. But the company slipped to a net loss of $2.68 million, after it posted $0.91 million in profit a year earlier. The drop was blamed on weaker gross profit and higher non-employee share-based payments.
Competition is tight. CCH reported company-owned restaurant revenue fell in 2025, citing tougher spending and a more crowded market as Chinese hot-pot chains moved into Southeast Asia. Super Hi International, which operates Haidilao hotpot restaurants outside China and is listed on the Nasdaq, has become the larger public competitor. SEC
CCH said 2026 will be an expansion year, citing moves in Malaysia, a new restaurant in New York, and plans for a plant in Africa. Back in January, then-Chairman and CEO Goh Kok Foong said, “We look forward to finalizing each of these transactions.” But the company’s annual filing later showed Goh exited as chairman, director, and CEO on March 31. GlobeNewswire SEC
But risks remain. If Friday’s gains don’t last, or if equity grants or funding moves send the share count higher, or if the stock keeps trading under Nasdaq’s $1.00 requirement this summer, CCH could face weaker liquidity and more chatter about delisting.
Short trading week ahead. Markets are back Tuesday. Traders want to see if Friday’s buy interest sticks or fades now that the holiday is past. Any fresh filings—deals, fundraising, board shifts, or Nasdaq listing updates—could draw a look for a stock still under 50 cents.
