On August 6, U.S. time, the U.S. Department of the Treasury’s official website released the “Report on Protecting U.S. Investors from Major Risks in Chinese Companies”, which put forward 5 audit recommendations for Chinese companies listed in the United States. These include raising the listing threshold for Chinese companies planning to go public in the United States, and requiring Chinese […]
Tag: Listing
The outbreak of public health incidents at the beginning of the year caused turbulence in the capital market. And the “worst” group in the entire market is China Prospective. Since the self-explosive financial frauds such as Ruixing Coffee (LK.US), China Prospects has fallen into a crisis of trust. With the continued fermentation of the trust crisis and other gaming factors,
1. Review of the performance of the stock market during the week 1.1 Overall performance of weighted indexes such as China Prospect Stock Since January 1, 2015, the weight index of Chinese stocks has risen, outperforming the S&P 500 index, with a relative return of 146.78%. Note: Constituent stocks and other weighted index constituent stocks include 56 companies that have
On Thursday, the stocks listed in the US closed generally down, following the broader market trend. Among the popular Chinese stocks: Focus review Weilai delivered a record high in May, and is expected to achieve the Q2 delivery target June 4, $蔚来(NIO.US)$ Automobile announced the delivery data for May this year. The company said that it delivered a total of
Source: Yuanchuan Investment Review Author: Wu Ziying, if Chen Yan Since the beginning of this year, the Chinese stock market has become a hot topic. On the one hand, with the thunderstorms of Ruixing Coffee, Chinese stocks suffered frequent short-selling in the United States and triggered a new round of trust crisis; on the other hand, the “overseas wanderers” led
Original title: After Rui Xing handed over the knife, the United States passed a regulatory bill, and the Chinese stock market will be cleaned? 3 trillion yuan in market value of the stocks gathered to go to Hong Kong for secondary listing Source: Maxim Global May 21st news, on Wednesday, local time, the US Senate passed a bill to strengthen
Original title: Rui Xing will be forced to delist from the market. Source: Kaiwei Observation Author Mo Kaiwei is a well-known Chinese financial writer On the evening of May 19th, according to Reuters, the Nasdaq issued a notice to Ruixing Coffee and decided to delist it from the Nasdaq market. In this regard, Ruixing said that it received a delisting
Ruixing will be forced out of the market and sounded the alarm for all Chinese stocks! >> Read More
“Delisting” or Ruixing Coffee The final result. On the evening of May 19th, Ruixing Coffee issued an announcement saying that on May 15th it received a delisting notice from the Nasdaq Exchange. The company plans to hold a hearing on this. Before the hearing results are released, Ruixing will continue to Nasdaq went public. Since April 7, Ruixing Coffee has
Forced delisting! Ruixing Coffee plunged 36% on the first day of resumption of trading >> Read More
Editor’s note: This article is from the micro-channel public number “melt in Finance” (ID: thecapital), Author: Abu, 36 krypton Released with authorization. Opening the door to a secondary listing is good for China Prospective Shares, while the biggest beneficiaries are Hong Kong Stock Exchange . As a profit organization, the Hong Kong Stock Exchange welcomes the secondary listing of Chinese
Sina Finance News May 20th, Eastern Time, Sina Finance Ruixing Coffee Request to hold a hearing to prove Nasdaq. Nasdaq said it was unable to comment on a specific company’s hearing, but provided specific steps and requirements for the hearing, providing more details for the next steps of Ruixing Coffee delisting. According to Nasdaq, listed companies must request a hearing
Nasdaq provides details of Ruixing hearings, IPO threshold tightens >> Read More
Original title: After receiving the delisting verdict, Ruixing expressed his dissatisfaction. Is there any hope that such Ruixing will survive? Source: Jiang Han’s Vision In the evening of May 19th, Ruixing Coffee issued an announcement saying that the company had received a written notice from the staff qualified for listing on the NASDAQ stock market, saying that the staff had
Author: American Niuyueouluo LLP Chairman of the Asian Business Lawyer Jason Ye Editor’s note On May 18th, local time, the Nasdaq Exchange in the United States decided to expose the fake Ruixing Coffee On the same day as delisting, Nasdaq formally submitted three amendment proposals to the US Securities and Exchange Commission, aimed at increasing the listing requirements for companies
Ruixing’s fraud triggers new US listing regulations? New York Law Firm Interpretation >> Read More
Hong Kong’s Wonder News Agency reported that it was still enjoying the highlight moment of the world’s fastest IPO record a year ago, but was forced to delist due to financial fraud a year later. Whether it’s the speed of opening a store and expanding, or the cycle of going from listing to delisting, Ruixing Coffee All show a word:
① On the evening of May 19, according to the documents submitted by Ruixing Coffee (Nasdaq: LK) to the US Securities and Exchange Commission (SEC), the company received the Listing Qualifications of the US Securities and Exchange Commission (SEC) on May 15 Staff) in writing, the Nasdaq Exchange decided to delist the company. Ruixing has published the notice on the
On the evening of May 19, according to the documents submitted by Ruixing Coffee (Nasdaq: LK) to the US Securities and Exchange Commission (SEC), the company received the Listing Qualifications Staff of the US Securities and Exchange Commission (SEC) on May 15 ) In written notice, the Nasdaq Exchange decided to delist the company. Ruixing has published the notice on
After Ruixing Coffee’s financial fraud scandal, another Chinese company applied for an IPO in the US
Beijing May 13th news, China’s crowdsourced logistics service platform Dada Nexus Ltd. Has applied to go public in the US, may become Ruixing Coffee After the financial fraud scandal, the second large Chinese company’s IPO in the United States. According to people familiar with the matter, the listing may raise about US $ 500 million, making it one of the
The chain reaction caused by Ruixing’s “Black Swan Incident” far surpassed the previous crisis of trust in the Chinese stock market. The unprecedented “shorting boom” of Chinese stocks has not been spared by hot companies such as iQiyi, who to learn from, and the same city of 58. “Long Arm Jurisdiction” for Ruixing … All these have caused the investment
Lei Diwang Lei Jianping reported on May 9 Kingsoft Cloud in the US yesterday Nasdaq Listed, today’s closing stock price rose 40.24%, the stock price reached 23.84 US dollars, and the market value was about 4.8 billion US dollars. On the first day of listing, Kingsoft Cloud’s stock trading was active, with a 7.56% turnover, with a turnover of 15.14
Jinshan Yun successfully listed face slapped after Rui Xing counterfeiting >> Read More
related news: Sina Technology Zhang Jun ” Jinshanyun Going public is a dream come true for me “, Jinshan Cloud officially landed on the evening of May 8, Beijing time Nasdaq . Lei Jun at the “Cloud Listing” scene could not hide his excitement. In 2011, Lei Jun also served as the chairman of Jinshan Group and promoted the establishment
Original title: Confirm! JD.com will go public in Hong Kong, the main underwriters Bank of America Merrill Lynch, UBS, the size of the fundraising is not yet determined … The return of the Chinese stocks to Hong Kong may be accelerated Source: Securities Times According to sources involved in the listing of JD.com in Hong Kong, the Securities Times reporter