Nasdac reformulates the bases of the inclusion of Chinese enterprises and small proposals

Nasdaq works to reformulate the rules that businesses that want to implement small subscriptions to insert and trade in their stock exchanges, in the latest step aimed at protecting investors from large fluctuations in the market and improving liquidity. The operator of the stock exchange said in a statement yesterday that it has proposed a set of new standards that small businesses listed in “Naswag” must meet. The proposal also contains additional requirements for new inclusion operations for businesses whose operations are concentrated in China. Share price jumps the Nasdac changes are coming amid increasing concerns about unbridled price jumping in shares of companies listed with small market capital and poor liquidity. For example, the shares of the company “Regendel Piosins Holdings”, which specializes in traditional Chinese medicine, increased by Hong Kong – although not sales – this year by 82,000% before it dropped. The small Chinese “Viton Holdings” business lost 90% of its market value within minutes. Read more: The Nasdaq Stock Exchange Audits The initial offer of companies from China and Hong Kong. The stock exchange explained that these steps are coming after a predetermined review of the trading activity, “especially emerging patterns related to the possibility of manipulation plans in Multi market trade in the United States. Last year,” Nasdak “emphasized its small subscriptions from China and Hong Kong to avoid one -backed fluctuations that are the income of 15 million dollars.