
Ctrip Considers Delisting from Nasdaq
China’s largest online travel firm Ctrip.com is considering a delisting from Nasdaq due to the impact of COVID-19 and rising US-China tensions.
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China’s largest online travel firm Ctrip.com is considering a delisting from Nasdaq due to the impact of COVID-19 and rising US-China tensions.
According to the official website of the United States Securities and Exchange Commission (SEC), 11 more Chinese firms were added to its "pre-delisting list" on May 9.
MBK Partners has completed the compulsory acquisition of CAR Inc., which is now a wholly-owned subsidiary of MBK.
The NYSE has commenced proceedings to delist Chinese online education platform Zhangmen Education Inc., which failed to keep its global average market value above at least $15 million for 30 consecutive trading days.
Chinese ride-hailing giant Didi announced on Monday that it will delist from the New York Stock Exchange. Didi plans to file Form 25 with the US Securities and Exchange Commission on or after June 2.
Reports that Chinese regulators are pushing for so-called variable interest entities to drop their listings in the United States are a “complete misreading and misinterpretation” of the regulations, the CSRC said in a statement on Sunday.
The United States Securities and Exchange Commission (SEC) added 12 China Concepts Stock companies to a delisting watchlist on Tuesday.
The United States Securities and Exchange Commission (SEC) on Wednesday added five Chinese firms to a growing list of companies that may get delisted from domestic stock exchanges.
Didi Global, a leading ride-hailing platform in China, announced on April 16 that it will hold a special shareholders meeting at 19:00 on May 23 to vote on a voluntary delisting from the New York Stock Exchange (NYSE).
Chinese ride-hailing giant Didi Chuxing said on its Weibo account on Friday that, after careful study, the company will start the delisting process from the NYSE and plan its listing in Hong Kong.
Missfresh, a leading local fresh grocery platform, was listed as a judgment debtor by the Chaoyang District People's Court of Beijing, obliging it to pay about 5,329,500 yuan ($799,325) in fines.
Chinese new energy vehicle firm Li Auto responded that it was actively looking for solutions while ensuring that the company's actual business operation will not be affected.