A rising number of Chinese companies listed on Wall Street are under pressure to be cut off from U.S. capital markets due to poor performance and non-compliance with listing standards. Beijing-based MMTec, Inc. announced on Jan. 28 that it got notification from Nasdaq’s Listings Qualifications Department as its common stock had been trading below $1 […]
Posts Tagged ‘delist’
Rising Number of Chinese Companies to Delist from US Exchanges Due to Poor Performance
January 30th, 2022 Awake Goy
China Rising: NYSE Withdraws Plans to Delist 3 Chinese Telcos
January 6th, 2021 Awake Goy
Even before President Donald Trump has left office, Wall Street and Washington bureaucrats are moving to patch things up with China’s state enterprises. The New York Stock Exchange has withdrawn plans to delist shares of three Chinese state-owned phone carriers. The shares were to be removed under an order from President Donald Trump, a move […]