19 Sep 2025
📈Nasdaq Proposes Stricter Listing Criteria for Chinese Companies
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1, To Adopt Additional Initial Listing Criteria for Companies Primarily Operating in China
Summary
The Nasdaq Stock Market has filed a proposed rule change aimed at adopting additional initial listing criteria for companies primarily operating in China. This includes requiring a minimum offering size of $25 million, addressing concerns regarding investor protection, market liquidity, and trading risks associated with these companies.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change involves stricter listing criteria for companies primarily operating in China, which impacts compliance and regulatory requirements for companies intending to list on Nasdaq. Notably, the $25 million minimum offering size to protect investors indicates heightened scrutiny, affecting business operations and listings.