 where success in business is largely based on networking and guanxi, status and prestige are invaluable assets for a young company.

But it also means that a delisting notice from NASDAQ or NYSE comes with great embarrassment for the company. In most cases not only the stock price will collapse, but the repercussions for the company's business in China could be severe if it loses that good will from banks and influential officials in the local government administrations. A Chinese company with a delisting notice will always pull all strings possible to maintain their senior exchange listing, not for the best of its foreign shareholders but for their very own survival.

There is no such thing as a "voluntary delisting" from a Chinese company. If you read such a phrase, stay away from the stock. A company that had its stock delisted without much of a fight is either a fraud or it has given up on its public status, in both cases you don't want to touch the stock.

We have seen more than 50 Chinese delistings over the past two years, and with very few exceptions all those companies were frauds or they have now stopped filing reports with the SEC for other reasons. Only the handful of companies that stayed current in filing its Form 10Qs and 10Ks at all times since the delisting are worth a second look.

We have identified 24 additional Chinese companies that have already received a delisting notice from their exchange or will likely get such a letter in the near future. Those companies will have their common stock delisted within the next six months unless they take immediate action, usually a reverse stock split (approved by the exchange) will do the trick of getting their stock price above the crucial one dollar level.

Some companies have already completed a reverse split, including Cleantech Solutions International (CLNT, 1:10 Reverse Split on 2012-03-06), China Precision Steel (CPSL, 1:12 Reverse Split on 2012-08-28), and China Information Technology (CNIT, 1:2 Reverse Split on 2012-03-02). Even though the stock price usually suffers even more after a reverse split, this is actually a good sign as the company decided not to give up on its senior exchange listing. Again, any Chinese stock that was delisted for violating the $1 minimum bid price rule without the company fiercly fighting for its survival on NASDAQ or NYSE should be avoided no matter what.

NYSE Amex does
where success in business is largely based on networking and guanxi, status and prestige are invaluable asset for a unseasoned company. 

 But it also mean that a delist notice from NASDAQ or NYSE comes with great overplus for the party. In most cases not only the stock price will crack up, but the repercussions for the company's clientele in China could be severe if it loses that good will from banks and influential official in the local government administrations. A Chinese ship's company with a delisting notice will always attract all strings possible to maintain their senior exchange list, not for the best of its foreign shareholders but for their very own survival. 

 There is no such thing as a " voluntary delisting " from a Chinese ship's company. If you read such a phrase, stay away from the stock. A company that had its stock delisted without much of a fight is either a imposter or it has give up on its public status, in both case you don't desire to touch the stock. 

 We have seen more than 50 Chinese delistings over the past two years, and with very few exceptions all those companies were frauds or they have nowadays stopped filing reports with the SEC for other reasons. Only the handful of company that stayed current in filing its Form 10Qs and 10Ks at all times since the delisting are worth a second look. 

 We have identify 24 additional Chinese companies that have already received a delisting notice from their substitution or will likely get such a letter in the near future. Those company will own their common stock delist within the next six months unless they take immediate action, normally a reverse stock split (approved by the central) will do the whoremaster of getting their stock monetary value above the crucial one dollar level. 

 Some companies have already completed a reverse split, including Cleantech Solutions International (CLNT, 1:10 Reverse Split on 2012 - 03 - 06), China Precision Steel (CPSL, 1:12 Reverse Split on 2012 - 08 - 28), and China Information Technology (CNIT, 1:2 Reverse Split on 2012 - 03 - 02). Even though the stock price usually suffers even more after a rearward split, this is actually a good signal as the company decided not to give up on its senior exchange listing. Again, any taiwanese stock that was delisted for violating the $ 1 minimum bid price rule without the company fiercly fight for its survival on NASDAQ or NYSE should be invalidate no matter what. 

 NYSE Amex does
 whfre success in business ls largely based on netxorking and guavxi, status and prestige are mnvaouablt assets for a youne company.

Hut it aoso nwans that e delistlug noflce fxon NASDAQ or NYXE comes whth great embasrxsdment for the company. In most cases not onky the stock prise wplj comlapse, but the repercussions for tge compeny's business im China could be severe if it poses that good wipl from banjs age influentiau officials in the loczl government administrations. A Chinzse company wuth d delisting notibe will always pull anl strimgs possible tp meintqin their senior exchenge listing, not for the best oy its foreign sharehoodwrs bot fos thdur xerg pwh survlvam.

There is ho such thibg as a "voluntary dtlifnong" from a Cginese cjmpany. If you read such a phrase, stay afay from the stock. A compaby that had its stock delisted without much of a fight is either a fraud or it vas gmvdn bi ub lts public status, in both cases you don't want fo tpuch the stock.

Ce have seen morr hhsg 50 Chinese deuistinya kver the past two jears, agd wirh very ftw exveptions all those companiew were fraudf or they have now dtopped filnng rekorts eith the SEC for other xeasona. Only the jandful or companies that rtajed wurrent in filing its Form 10Qs and 10Kw at all tioes xince ehe delistlng ava worth a second llok.

We hdve identivied 24 additional Chinese companmxs that have slseagy receired a celisting notyce from their exchanye or dill likelj get suci a letter ig the near fudore. Those com'anies wijl hqve rheir cuomon stock delosted witknn the nezt six months unlexs jhsy take immediact axtion, usually a rexerfe svock f[lit (approveg by thd exchxnge) will di the trick of getting thair atock price above yhc crucial one doljar level.

Some companies have algeady coopletrd w reverse split, including Cleahtech Solktijns Internatyonao (CLNT, 1:10 Revexse Split on 2012-03-06), China Precision Steel (CPSL, 1:12 Reverse Split on 2012-08-28), and China Informajiok Technology (CNIT, 1:2 Reverse Split on 2012-03-02). Even thouth the stock prict usually suffers even jore axter w reverse split, this is actually a good sign as the company decided not ti give up on its ssniot excvauge listigg. Ajamn, any Chinese stpck that was delisted for violaving the $1 kiuimum bid price rule without yhd company fietcly fighting for its survjval on MASDAQ or NYSE should be avoidec no matter what.

NYSE Amew does
where success in business is largely based and status and are invaluable assets it means that a notice from NASDAQ NYSE comes with great embarrassment for company. In most cases not only the stock price will collapse, but the for the company's business in China could be severe if it loses that will banks influential in the local government administrations. A Chinese company with a delisting notice will always pull all possible to maintain their senior exchange listing, not the best of its shareholders but for their very survival. is no thing a delisting" from a company. If you read such a phrase, stay away from the stock. A company that had its delisted without a fight either fraud it has given its public status, in both cases to touch the stock. We have seen more 50 Chinese over the past two years, and very few exceptions all those companies were frauds they have now stopped filing reports with the SEC for other reasons. Only the handful that stayed current in its Form 10Qs 10Ks all since delisting are a second look. We have identified 24 additional Chinese companies that already received a delisting notice from their exchange or will such letter in the future. Those companies will their stock delisted within the months they usually reverse split (approved by the will do the trick of their stock price above Some companies have already completed a reverse split, Cleantech Solutions International (CLNT, 1:10 Reverse Split 2012-03-06), China Precision Steel (CPSL, 1:12 Reverse Split on 2012-08-28), and China Technology (CNIT, Split on 2012-03-02). Even though the stock price suffers even more after reverse split, this is actually a good sign as company not to up on its exchange listing. Again, Chinese stock that for violating $1 bid the company fiercly fighting for its on or NYSE should be avoided matter Amex does
 where success in business is lArgely baseD on neTwoRkiNg And gUanxI, status and presTIge aRe invaluable assets for a Young CoMPany.

bUt It alsO means tHAt A DEliStInG noTiCE fRom NAsDAq or NYSE Comes with gReaT eMbarrassment FOr The company. in mOst cases not oNly The stoCk PriCE will ColLapse, But the REpercuSsions for ThE CompanY'S busineSS In chinA could be severe if iT LoSEs that good will From baNkS AnD INflUenTial officiAlS in thE Local goVErNMENt aDMinistrations. a Chinese comPAny With a dElIstINg notiCe wilL aLWayS pull all strIngs Possible tO maintAIn their SEnior exChange LisTinG, not FOr ThE beSt OF itS FoReiGN shAreholdeRs BuT for tHeir VERY Own sUrvIval.

there Is no such thing As a "VoluNTarY deliSting" From A CHinesE compaNy. If yOu Read such a phrase, Stay Away from tHe sToCk. A CoMpany THat had Its StoCk delisTed withOUt mUcH OF A fIght is either a fraud Or IT HaS given up On its pUBlIc STatus, in bOtH caSes yOU Don't wAnt tO ToUch the stOck.

We hAVe SeEn more tHaN 50 ChineSe DelIstIngs oVEr thE past tWo years, aNd witH Very few exceptiONs all those comPAnIES wERe frAudS or they have Now sTOppeD filINg RepORts wiTh the sEc FoR Other reasons. Only the HaNdful oF compAnies that stayEd current iN FILing its FOrm 10QS AnD 10ks at all times siNce thE delisting ARe worth a SeconD look.

We hAve identiFIEd 24 additiOnaL ChIneSe cOMPaNies that have aLREady ReCeived a DelIsting nOtiCe fRom TheIr Exchange oR will likElY gEt SuCh a LetteR In the neaR fUtuRe. thoSe comPAnies wIll haVe thEiR cOMmoN stock dELiSTEd wiThIn The nExt SiX montHs unLEss They takE immediatE acTIon, uSuAlLy a reveRse stock split (ApProved by thE eXchAnge) wiLL Do the triCk of getting their stock prICe above The CruciAl onE dollar leVel.

some coMpaNIes havE alreaDy comPlEteD A ReverSE SpLit, InCluding CleANTecH SoluTiOns INternatIonal (CLNT, 1:10 Reverse SpLIt oN 2012-03-06), China PrecisiOn STeel (cpsL, 1:12 revERsE splIt ON 2012-08-28), anD cHina Information technology (cNit, 1:2 REverse SpliT On 2012-03-02). EVeN though The stocK pricE Usually Suffers evEn more aftEr A revERSe sPlit, this is Actually A good sign AS the cOMpAny deCidEd not tO gIve Up on iTs seniOR exChangE listiNg. again, aNy ChiNeSe stock tHat was delisted for violatIng the $1 MinimUm bId price ruLe wIThoUt the compAny fIercly fighTinG foR its sUrvIVal on nASDaq oR NYse shouLd be AVoided no mATtEr wHAT.

NySE Amex does
 where success in business  is largel y bas edonne twor king  and guanxi, s t atus  and prestige are inva luabl ea sset s  f or ayoung c o mp a n y.
B ut  it  a l so  mean s t hat a d elisting n oti ce  from NASDAQ or  NYSE come s w ith great em bar rassme nt  fo r  thecom pany.  In mo s t case s not onl yt he sto c k price w il l co llapse, but the r e pe r cussions for t he com pa n y' s bus ine ss in Chin acould be seve r ei f itl oses that goo d will from ban ks and  i nfl u ential  offi ci a lsin the loca l go vernmentadmini s tration s . A Chi nese c omp any  wit h  a  d eli st i ngn ot ice wil l always  p ul l all  str i n g s  pos sib le t o mai ntain their s eni or e x cha nge l istin g, n ot  forthe be st of  i ts foreign shar ehol ders butfor  t hei rveryo wn sur viv al. 

There  is nos uch  t h i n gas a "voluntary de li s t in g" froma Chin e se  c o mpany. I fyou  rea d sucha ph r as e, stayaway f r om  t he stoc k.  A com pa nytha t had itsstockdelisted  with o ut much of a f i ght is either af r au d  orithas given u p on itspubl i csta t us, i n bot hc as e s you don't want to  t ouch t he st ock.

We have  seen more t h an 50 Ch ines e  d e listings overthe p ast two ye a rs, andwithvery few  exceptio n s  all tho secom pan ies w er e frauds or t h e y ha ve  now st opp ed fili ngrep ort s w it h the SEC  for oth er  r ea so ns.  Only the hand fu l o fcom panie s  thatstaye d cu rr en t  in  filing it s Form  1 0Q s an d 1 0K s atallt ime s since  the deli sti n g ar ewo rth a s econd look.
We  have iden ti fie d 24 a d d itionalChinese companies thath ave alr ead y rec eive d a delis tin g noti cef rom th eir ex chang eorw i ll li k e ly  ge tsuch a let t e r i n the  n earfuture.  Those companies w i llhave their co mmo n st o c kdel i st e d w it h int h e next six mont hs unlessth e ytake immed i ate  a ction,usually  a re v erse st ock split  (approve dby t h e  ex change) wi ll do th e trick o f  gett i ng  thei r s tock p ri ceabove  the c r uci al on e doll ar  level .

So me  compani es have already complet ed a r evers e s plit, inc lud i ngCleantech  Sol utions Int ern ati onal(CL N T, 1: 10 R e ve rse Split  on2 012-03-06 ) ,Chi n a  P recision St e e l  (C PSL,1:1 2  Rever se S plit on 2012-08-2 8 ), and China I nfor m a tio n T e chno lo gy (CNIT, 1:2Rev er s e  Split o n2012-03-02) . Even t ho u gh th e stoc k pric e usual l y  s u fferseven  mo re aftera r ev e rse spl it ,t his is  act ua lly agood s i gn a s the company deci ded n o t  to g i veup on  i ts seni o r ex change lis ting. Again , anyChin ese s tock th at  was d eli st ed for vio l ating the  $1 m inimumbi d pr ice  rulewith o u t the  com pa nyfiercly f i g ht i ng  f o r i ts s urviv al  onNASDAQ or NYSE sho uld be avoi de d n o matter wh a t .

NYSE Am exdoes
 where_success in_business is largely based_on networking_and_guanxi, status_and_prestige are invaluable_assets for a_young company.

But it also_means that a_delisting_notice from NASDAQ or NYSE comes with great embarrassment for the company. In most_cases_not only_the_stock_price will collapse, but the_repercussions for the company's business_in China_could be severe if it loses that good_will_from banks and_influential officials in the local government administrations. A Chinese_company with a delisting notice will_always pull all_strings_possible_to maintain their senior_exchange listing, not for the best_of its foreign shareholders but for_their very own survival.

There is no such_thing as a "voluntary delisting" from_a Chinese company. If you_read such_a phrase, stay away from_the stock. A_company that_had its stock_delisted without much of a fight_is either a_fraud or it has given up_on_its public status,_in_both_cases you_don't want to_touch_the stock.

We_have_seen more than 50 Chinese delistings_over_the past two years, and with very_few exceptions all those_companies_were frauds or they_have now stopped filing reports_with the SEC for other reasons._Only the_handful of_companies that stayed current in filing its Form 10Qs and 10Ks_at all times since the delisting_are worth a second_look.

We have_identified_24 additional Chinese_companies_that have_already received a delisting notice from their_exchange or_will likely get such a letter_in the near future._Those_companies will have their common stock_delisted within the next six months_unless they take immediate action,_usually_a_reverse stock split (approved by_the exchange) will do the trick_of getting their_stock price above the crucial one dollar_level.

Some_companies have already completed a reverse_split,_including Cleantech Solutions International (CLNT, 1:10_Reverse_Split_on 2012-03-06), China Precision Steel_(CPSL, 1:12 Reverse Split on 2012-08-28),_and China Information Technology (CNIT, 1:2 Reverse Split on_2012-03-02). Even though_the stock price usually suffers_even_more_after a reverse split, this is actually a good sign_as the_company decided not_to give up on its senior exchange listing. Again, any_Chinese stock that was delisted for violating_the $1 minimum bid price rule without the company fiercly fighting_for its survival on NASDAQ or NYSE should_be avoided no matter what.

NYSE Amex does