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home / news releases / JP - NYSE suspends trading in Jupai begins delisting proceedings

JP - NYSE suspends trading in Jupai begins delisting proceedings

Jupai Holdings Limited American Depositary Shares each representing six
NYSE said Friday it has begun proceedings to delist the American depositary shares, each representing 6 ordinary shares, of Jupai (NYSE:JP). Trading in JP's ADSs was suspended after market close on Friday. NYSE decided to delist the ADSs as JP was not in compliance with continued listing standard of maintaining an average global market capitalization over a 30 straight trading days of at least $15M. JP has the right to review this decision by NYSE. NYSE will apply to the SEC to delist the ADSs once all applicable procedures are completed, including any appeal of NYSE's decision by JP.

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NYSE suspends trading in Jupai, begins delisting proceedings
Stock Information
Company Name: Jupai Holdings Limited American Depositary Shares each representing six
Stock Symbol: JP
Market: NYSE
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