NYSE to Commence Delisting Proceedings Against Xinyuan Real Estate Co., Ltd. (XIN)
(NYSE:XIN) NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (âNYSEâ, the âExchangeâ) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Ame...
What are the underlying reasons for the NYSE's delisting decision (e.g., compliance, financial reporting, market cap) and how might they affect XINâs fundamentals and future access to capital?
Will there be any avenues for shareholders to trade or convert their ADSs, such as a reverse split, tender offer, or listing on another exchange?
What is the expected shortâterm price reaction and volatility of XIN after the immediate suspension and upcoming delisting?
6 days ago