(NYSE:XIN) NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American Depositary Shares (“ADSs”), each representing 20 common shares of Xinyuan Real Estate Co., Ltd. (the “Company”) — ticker symbol XIN — from the NYSE. Trading in the Company’s ADSs will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s ADSs pursuant to Section 802.01B of
Related Questions
What are the underlying reasons for the NYSE's delisting decision (e.g., compliance, financial reporting, market cap) and how might they affect XIN’s fundamentals and future access to capital?
What is the expected short‑term price reaction and volatility of XIN after the immediate suspension and upcoming delisting?
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?