The New York Stock Exchange on Wednesday said that it will commence delisting proceedings against Xinyuan Real Estate (NYSE:XIN) and has immediately suspended trading of the company’s ADSs, each representing 20 common shares. Delisting is based on Section 802.01B of the NYSE Listed Company Manual. Xinyuan failed to maintain a minimum average global…
NYSE to Delist Xinyuan Real Estate for falling below market cap requirements
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