crashteamracingps4| AI Financial Express| *ST Shimao: The company's stock closed below 1 yuan for 20 consecutive trading days and will be suspended from tomorrow

editor Gaming 2024-05-15 5 0

crashteamracingps4| AI Financial Express| *ST Shimao: The company's stock closed below 1 yuan for 20 consecutive trading days and will be suspended from tomorrow

On the evening of May 15, *ST Shimao (600823) announced that the company received a notice from the Shanghai Stock Exchange on the same day.crashteamracingps4"Prior Notice on Proposed Termination of the Listing of Shares of Shanghai Shimao Co., Ltd." The notice shows that from April 12 to May 15, the daily closing price of the company's shares for 20 consecutive trading days was less than 1 yuan. According to relevant regulations, the company's shares have reached the conditions for termination of listing. The Shanghai Stock Exchange will make a decision to terminate the listing of the company's shares in accordance with relevant regulations.

As of today's close, the company's share price was 0crashteamracingps4.43 yuan/share, with a market value of 1.613 billion yuan.

According to public information, *ST Shimao is a comprehensive real estate listed company under Shimao Group that integrates comprehensive commercial real estate development and sales, commercial operation and management, and diversified investment. It is one of the few commercial real estate companies among A-share listed companies. The company's shares were listed in February 1994.

(Article source: Duchuang)