FORBES MAGAZINE: In Rare Move, SEC Reverses Nasdaq’s Delisting Of Chinese Company

2013-08-02

In a landmark decision last month, the U.S. Securities and Exchange Commission reversed Nasdaq’s decision to delist a Chinese alternative energy company. The SEC determined that CleanTech Innovations had not intentionally withheld crucial information from Nasdaq. “[T]he record does not show that the specific grounds on which Nasdaq based its delisting decision exist in fact,” […]

Focus Media Holdings Abandons the NASDAQ Stock Market Amid Regulatory Abuses at the NASDAQ

2013-05-31

China’s largest display advertising company Focus Media Holdings (Nasdaq: FMCN) has successfully exited the NASDAQ Stock Market in a $3.8 billion acquisition advised by JP Morgan. The buyout is the largest China based company in history that has abandoned the NASDAQ Stock Market. Focus Media Holdings is an investment portfolio company of global investment firm […]

Foreign researchers wreak havoc by illegally short selling Chinese stocks

2011-12-01

An increasing number of Chinese stocks have been shorted by foreign research firms, shaking the foundation of Chinese stock markets and causing the shares of several major companies to plunge. Researcher Muddy Waters has continued to hold short positions on advertising firm Focus Media, while investors sold stocks in Sina, a long-established internet portal, as […]