{
 "as_of": "2026-11-04",
 "cmr": "hk-cm-kg/HKEX/06639",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# ARRAIL GROUP (Main Board: 06639) — research page\n\nAs of 2026-11-04 · hk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is ARRAIL GROUP, listed on the Main Board of HKEX under ticker 06639, with ISIN KYG0567M1096. The LEI is not on the record. The security type is Corporate. The segment and sector are not on the record. The jurisdiction is not on the record. The listing status is halted.\n\n## The disclosure read\n\nThe record holds 27 filings on 24 filing days in the window 2025-11-04 to 2026-11-04. The median gap between filing days is 15 days. The latest filing is dated 2026-11-03 and is a monthly return, 1 day before the record date of 2026-11-04. The Main Board median is 9.0 days of cadence, 46.0 filings and 2.0 days of latency across 2,472 issuers. The sector median is not on the record.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers. Its location is not on the record. Auditor changes are not on the record.\n\n## Events and halts\n\nDelisting, domicile change, listing, name change and segment move are not on the record. The index does not carry a lifecycle type for this register. The halt flag is set to halted.\n\n## Orderability\n\nThe orderability outcome is not determinable on the record because the chapter's orderability section carries no client categories. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations pages read. The count is 0.\n\n## Open research\n\nNo openly published research notes were found. The count is 0.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer's years sealed in the store are not served as of a date; the as-of door answers not_sealed. The market's vintage is not sealed, and no earliest sealed date is on the record. The live record began 2026-09-12.\n\n## Sources\n\n6 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx (identity.exchange)\n- https://mcp.hk-cm-kg.ai/events/HKEX/06639 (the disclosure lines)\n- https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm (the halt flag)\n- https://www.hkexnews.hk/listedco/listconews/sehk/2025/0725/2025072500879.pdf (the auditor)\n- https://mcp.hk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.hk-cm-kg.ai/record/HKEX/06639 (the record)\n",
 "market": "HK",
 "node": "hk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-12",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the HK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-04",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "read by Perplexity (agent · low)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkexnews.hk/listedco/listconews/sehk/2025/0725/2025072500879.pdf",
    "state": "filled",
    "value": "PricewaterhouseCoopers"
   },
   "auditor_firm_id": {
    "market": "HK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "HK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "hk-cm-kg/HKEX/06639",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2472,
     "median_cadence_gap_days": 9,
     "median_filings": 46,
     "median_latency_days": 2,
     "name": "Main Board"
    },
    "sector": {
     "market": "HK",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "agm_egm": 1,
    "announcement": 4,
    "halt_suspension": 9,
    "monthly_return": 13
   },
   "cadence_median_gap_days": 15,
   "filing_days": 24,
   "filings": 27,
   "latency_days": 1,
   "latest": [
    {
     "category": null,
     "date": "2026-11-03",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1103/2026110300638.pdf",
     "title": "Monthly Return of Equity Issuer on Movements in Securities for the month ended 31 October 2026",
     "type": "monthly_return"
    },
    {
     "category": null,
     "date": "2026-10-06",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1006/2026100600137.pdf",
     "title": "Monthly Return of Equity Issuer on Movements in Securities for the month ended 30 September 2026",
     "type": "monthly_return"
    },
    {
     "category": null,
     "date": "2026-09-30",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0930/2026093001138.pdf",
     "title": "FURTHER DELAY IN PUBLICATION OF OUTSTANDING FINANCIAL RESULTS AND POSTPONEMENT OF ANNUAL GENERAL MEETING AND CONTINUED SUSPENSION OF TRADING",
     "type": "halt_suspension"
    },
    {
     "category": null,
     "date": "2026-09-21",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0921/2026092100544.pdf",
     "title": "REMUNERATION COMMITTEE - TERMS OF REFERENCE",
     "type": "announcement"
    },
    {
     "category": null,
     "date": "2026-09-01",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0901/2026090101594.pdf",
     "title": "Monthly Return of Equity Issuer on Movements in Securities for the month ended 31 August 2026",
     "type": "monthly_return"
    }
   ],
   "latest_filing_date": "2026-11-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/06639",
   "window": {
    "from": "2025-11-04",
    "to": "2026-11-04"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Main Board"
   },
   "isin": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "KYG0567M1096"
   },
   "jurisdiction": {
    "market": "HK",
    "reason": "no LEI record",
    "state": "not_on_record"
   },
   "lei": {
    "market": "HK",
    "reason": "ISIN not in the GLEIF mapping file (no name route on this node: no search layer by order)",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "ARRAIL GROUP"
   },
   "sector": {
    "market": "HK",
    "reason": "HKEX publishes the industry classification per issuer on its website pages, not in the List of Securities (no page reads by order)",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "HK",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "06639"
   },
   "website": {
    "market": "HK",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "HK",
  "node": "hk-cm-kg",
  "numbers_hash": "sha256:82bb9c73c2395fcacbee04b18131bcc056b412acd1b8e0315df40e4225bc30fa",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.hk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.hk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1",
   "section": "hk.aio.v6"
  },
  "record": {
   "as_of": "2026-11-04",
   "url": "https://mcp.hk-cm-kg.ai/record/HKEX/06639",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-04",
   "reason": "TRADING SUSPENDED (as at 04 NOV 2026)",
   "since": null,
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm",
   "value": "halted"
  }
 },
 "numbers_hash": "sha256:82bb9c73c2395fcacbee04b18131bcc056b412acd1b8e0315df40e4225bc30fa",
 "path": "/hk/HKEX/06639",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is ARRAIL GROUP, listed on the Main Board of HKEX under ticker 06639, with ISIN KYG0567M1096. The LEI is not on the record. The security type is Corporate. The segment and sector are not on the record. The jurisdiction is not on the record. The listing status is halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 27 filings on 24 filing days in the window 2025-11-04 to 2026-11-04. The median gap between filing days is 15 days. The latest filing is dated 2026-11-03 and is a monthly return, 1 day before the record date of 2026-11-04. The Main Board median is 9.0 days of cadence, 46.0 filings and 2.0 days of latency across 2,472 issuers. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PricewaterhouseCoopers. Its location is not on the record. Auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Delisting, domicile change, listing, name change and segment move are not on the record. The index does not carry a lifecycle type for this register. The halt flag is set to halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The orderability outcome is not determinable on the record because the chapter's orderability section carries no client categories. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations pages read. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found. The count is 0.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer's years sealed in the store are not served as of a date; the as-of door answers not_sealed. The market's vintage is not sealed, and no earliest sealed date is on the record. The live record began 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/06639"
  },
  {
   "for": "the halt flag",
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm"
  },
  {
   "for": "the auditor",
   "source": "https://www.hkexnews.hk/listedco/listconews/sehk/2025/0725/2025072500879.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.hk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.hk-cm-kg.ai/record/HKEX/06639"
  }
 ],
 "title": "ARRAIL GROUP (06639) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}