[QMMM Suspended Trading, Hong Kong Headquarters Vacant] Caixin reports that the Nasdaq-listed company QMMM Holdings (NASDAQ:QMMM) was ordered by the SEC to suspend trading starting September 29, 2025, due to allegations of stock price manipulation, and trading has not resumed since. On October 16, Caixin visited its Hong Kong headquarters and found the office vacant. Employees of nearby companies stated that QMMM moved out in September, with its whereabouts unknown. QMMM went public in 2024, and its two subsidiaries, primarily engaged in media and animation production, are both registered in Hong Kong.