The CEO of the Texas Exchange, Jim Lee, promises that its listing standards will be stricter than those of competitors, stating that the new exchange's standards will be strict enough to actually exclude more than one third of the companies listed on Nasdaq and the New York Stock Exchange. The standards will include profit tests, minimum prices, and other unspecified indicators. The Texas Exchange will maximize cost reduction by maintaining a 'agnostic' stance on certain ESG standards.
德州证交所负责人承诺比竞争对手更严格的上市标准
The head of the Texas Exchange promises stricter listing standards than competitors.
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