In late August, the NYSE formally warned the troubled Chinese PV group that its American Depositary Shares (ADS) would be delisted within six months if they failed to trade above a minimum $1 price threshold for 30 consecutive trading days.
In late December, it announced plans to avoid delisting by resorting to a 10-to-1 reverse stock split, a measure that automatically pumped up its share price and prevented them being thrown off the index.
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