BEIJING, June 01, 2022 (GLOBE NEWSWIRE) -- China Index Holdings Limited (NASDAQ:CIH), (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced that the Company has received a written notification from Nasdaq Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) dated May 31, 2022. The letter states that the Company is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1) (the “Rule”), because the bid price of the Company’s American depositary shares (“ADSs”) closed below US$1 per share for the 30 consecutive business days from April 18 through May 27, 2022.
China Index Holdings Receives Notification from Nasdaq Regarding Minimum Bid Price Requirements
Globe Newswire - Press Release
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