NYSE Archives - Pandaily

Five State-owned Enterprises to Delist from New York Stock Exchange

On August 12, five Chinese state-owned enterprises announced that they had applied for a voluntary delisting of their American Depository Shares (ADSs) from the New York Stock Exchange.

Qudian Founder Luo Min Withdraws From Douyin and Weibo

Luo Min, the founder and CEO of Chinese tech firm Qudian, changed his Douyin account name on August 2 to "Qudian Precooked Dishes." Moreover, all videos related to Luo Min on the account were deleted.

Logistics Firm BEST Inc. Regains Compliance With NYSE Listing Standards

BEST Inc., a China-based smart supply chain solutions and logistics services provider, announced on Thursday that it has received notice from the New York Stock Exchange that the company has regained compliance with listing standards.

NYSE Commences Proceedings for Zhangmen Education’s Delisting

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.

Ride-hailing Didi to Be Delisted from NYSE

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.

Digital Q&A Platform Zhihu to List in Hong Kong on April 22

Zhihu, a leading online Q&A-based content community in China, on Monday announced its dual-primary listing plan for the Hong Kong Stock Exchange (HKEx) and a global offering of 26,000,000 Class A ordinary shares in the company.

Zhihu Releases First Financial Report Since Listing, Stock Price Down 27%

After going public on the NYSE in March last year, Zhihu Inc., an online content community in China, on Monday announced its unaudited financial results for the quarter and fiscal year ended December 31, 2021.

BEST Inc. Receives Notice Regarding NYSE Continued Listing Standards

BEST Inc., a smart supply chain solutions and logistics services provider in China, announced on Tuesday that it had received a letter from the New York Stock Exchange, dated January 5, 2022.

NetEase Cloud Music May Raise $1 Billion after Listing Hearing

Hong Kong media reported on Monday that Chinese gaming giant NetEase’s music streaming arm NetEase Cloud Music would pass its listing hearing as soon as this week, eyeing raising about $1 billion. Its co-sponsors are Merrill Lynch, CICC and Credit Suisse. The music platform declined to comment on the news.

China Unicom to Be Formally Delisted from NYSE in October

China Unicom, one of the leading telecommunications giants in China, announced on July 23 that it would terminate its American Depositary Receipt (ADR) on October 18 this year, meaning the company will be officially delisted from the NYSE.

Chinese Ride-Hailing Giant Didi Updates Prospectus to Reveal 4 Billion Dollar Financing Plan

Didi updated its prospectus on June 25th, Beijing time. The new document shows that the ride-hailing firm expects to issue 288 million shares, and plans to raise a total of about $4 billion, with a maximum of about $4.6 billion.

Chinese Lifestyle Brand Platform Onion Global Debuts on NYSE

Known as the first Chinese e-commerce platform for lifestyle brands, Onion Global on May 7 formally went public at the New York Stock Exchange under the ticker symbol "OG", offering 12.5 million American depository shares (ADS) and achieving the maximum increase of more than 57%.