Nasdaq’s New $25 Million Listing Standard for China-Based Companies: What Executives Need to Know
Effective Date: Anticipated Mid-June 2026 On May 14, 2026, the U.S. Securities and Exchange Commission (the “SEC”) approved a significant change to Nasdaq’s listing standards that will affect how certain China-based companies access Nasdaq’s U.S. public equity markets. Under new Nasdaq Rule 5210(l), China-based companies—including those headquartered or incorporated in mainland China, Hong Kong, or…

