NYSE Delists Xinyuan Real Estate Due to Market Cap Requirements

NYSE will delist Xinyuan Real Estate due to falling below market cap requirements. Trading has been suspended, and delisting proceedings have commenced. The decision is based on Section 802.01B of the NYSE's Company Guide.

The New York Stock Exchange (NYSE) has initiated delisting proceedings against Xinyuan Real Estate Co., Ltd. (NYSE: XIN), effective immediately. The decision to delist the company's American Depositary Shares (ADSs) is based on a violation of the NYSE's continued listing standard, which requires companies to maintain an average global market capitalization of at least $15 million over a consecutive 30 trading day period [1].

Trading in Xinyuan Real Estate's ADSs has been suspended, and the company has the right to appeal the decision to a Committee of the NYSE Board. The NYSE will formally apply to the Securities and Exchange Commission (SEC) to delist the ADSs upon completion of all applicable procedures, including any potential appeal by Xinyuan Real Estate [2].

The delisting is a result of Xinyuan Real Estate failing to meet the minimum market capitalization requirement. The NYSE's decision underscores the importance of maintaining financial health and meeting regulatory standards for continued listing on the exchange.

References:
[1] https://seekingalpha.com/news/4492072-nyse-to-delist-xinyuan-real-estate-for-falling-below-market-cap-requirements
[2] https://www.morningstar.com/news/business-wire/20250903758766/nyse-to-commence-delisting-proceedings-against-xinyuan-real-estate-co-ltd-xin