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Fang Receives NYSE Regulation's Notice Regarding The Commencement Of Delisting Proceedings Of American Depositary Shares

Fang Receives NYSE Regulation's Notice Regarding The Commencement Of Delisting Proceedings Of American Depositary Shares
Fang收到纽约证券交易所监管关于启动美国存托股票退市程序的通知

Benzinga Real-time News ·  2022/05/19 00:29

Fang Receives NYSE Regulation's Notice regarding the Commencement of Delisting Proceedings of American Depositary Shares

BEIJING, May 18, 2022 /PRNewswire/ -- Fang Holdings Limited (NYSE:SFUN) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced that it received a notice from the NYSE Regulation staff regarding the commencement of delisting proceedings of the Company's American depositary shares (the "ADSs") on the basis that the ADSs are not suitable for listing due to the Company's failure to file with the Securities and Exchange Commission its annual report on Form 20-F for the year ended December 31, 2020 

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