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    U.S. Economy Slowing, Could Face Recession by End of Year

    U.S. Economy Slowing, Could Face Recession by End of Year

    Stocks Slip on Wall Street, Erasing Weekly Gains for S&P 500

    Stocks Slip on Wall Street, Erasing Weekly Gains for S&P 500

    Baby gear products recalled in Canada, U.S., due to strangling hazard

    Baby gear products recalled in Canada, U.S., due to strangling hazard

    Energy stocks suffer broad selloff as crude oil prices drop toward 7-month low

    Energy stocks suffer broad selloff as crude oil prices drop toward 7-month low

  • NYSE
    Genius Sports (NYSE:GENI) Trading Down 6.2% Following Analyst Downgrade

    Genius Sports (NYSE:GENI) Trading Down 6.2% Following Analyst Downgrade

    FuboTV shares fall 6%; downgraded at Wedbush

    FuboTV shares fall 6%; downgraded at Wedbush

    Estee Lauder shares fall premarket on weak Q1 guidance

    Estee Lauder shares fall premarket on weak Q1 guidance

    Twitter Inc. stock falls Wednesday, underperforms market

    Twitter Inc. stock falls Wednesday, underperforms market

  • NASDAQ
    Cue Health (NASDAQ:HLTH) Stock Price Down 7.9% on Analyst Downgrade

    Cue Health (NASDAQ:HLTH) Stock Price Down 7.9% on Analyst Downgrade

    Dow falls 86 points on losses for Walgreens Boots, Verizon Communications Inc. shares

    Dow falls 86 points on losses for Walgreens Boots, Verizon Communications Inc. shares

    Ross Stores 2Q Earnings, Sales Decline

    Ross Stores 2Q Earnings, Sales Decline

    Is Charge Enterprises (NASDAQ:CRGE) A Risky Investment?

    Is Charge Enterprises (NASDAQ:CRGE) A Risky Investment?

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    U.S. Economy Slowing, Could Face Recession by End of Year

    U.S. Economy Slowing, Could Face Recession by End of Year

    Stocks Slip on Wall Street, Erasing Weekly Gains for S&P 500

    Stocks Slip on Wall Street, Erasing Weekly Gains for S&P 500

    Baby gear products recalled in Canada, U.S., due to strangling hazard

    Baby gear products recalled in Canada, U.S., due to strangling hazard

    Energy stocks suffer broad selloff as crude oil prices drop toward 7-month low

    Energy stocks suffer broad selloff as crude oil prices drop toward 7-month low

  • NYSE
    Genius Sports (NYSE:GENI) Trading Down 6.2% Following Analyst Downgrade

    Genius Sports (NYSE:GENI) Trading Down 6.2% Following Analyst Downgrade

    FuboTV shares fall 6%; downgraded at Wedbush

    FuboTV shares fall 6%; downgraded at Wedbush

    Estee Lauder shares fall premarket on weak Q1 guidance

    Estee Lauder shares fall premarket on weak Q1 guidance

    Twitter Inc. stock falls Wednesday, underperforms market

    Twitter Inc. stock falls Wednesday, underperforms market

  • NASDAQ
    Cue Health (NASDAQ:HLTH) Stock Price Down 7.9% on Analyst Downgrade

    Cue Health (NASDAQ:HLTH) Stock Price Down 7.9% on Analyst Downgrade

    Dow falls 86 points on losses for Walgreens Boots, Verizon Communications Inc. shares

    Dow falls 86 points on losses for Walgreens Boots, Verizon Communications Inc. shares

    Ross Stores 2Q Earnings, Sales Decline

    Ross Stores 2Q Earnings, Sales Decline

    Is Charge Enterprises (NASDAQ:CRGE) A Risky Investment?

    Is Charge Enterprises (NASDAQ:CRGE) A Risky Investment?

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

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NYSE to Suspend Trading Immediately in Phoenix Tree Holdings Limited (DNK) and Commence Delisting Proceedings

Editorial Staff by Editorial Staff
April 6, 2021
0
NYSE to Suspend Trading Immediately in Phoenix Tree Holdings Limited (DNK) and Commence Delisting Proceedings

NEW YORK — The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American depositary shares (“ADSs”), each representing ten Class A Ordinary Shares, of Phoenix Tree Holdings Limited (the “Company”) — ticker symbol DNK — from the NYSE. Trading in the Company’s ADSs will be suspended immediately.

On March 15, 2021 NYSE Regulation halted trading in the Company’s ADSs and has now determined that the Company is not suitable for listing pursuant to Section 802.01D of the NYSE Listed Company Manual (the “Manual”). The Company has not provided information requested by NYSE Regulation in February and March 2021. Separately, it has also come to the attention of NYSE Regulation that the Company has failed to make timely, adequate, and accurate disclosures of information to its shareholders and the investing public.

In addition, the Company is a late filer pursuant to Section 802.01E of the Manual as it failed to file the requisite Form 6-K containing semi-annual financial information required by Section 203.03 of the Manual by the specified date and did not make the required press release disclosure regarding this filing delinquency.

The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

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POPULAR NEWS

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

April 14, 2021
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U.S. Economy Slowing, Could Face Recession by End of Year

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