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Focus Media's backdoor return has entered the implementation stage and is expected to be completed before June 9

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Two years after delisted from Nasdaq, Focus Media has finally embarked on the pace of returning to A-shares. Yesterday, Hongda Xincai (002211), a listed company on the Shenzhen Small and Medium-sized Board, which had suspended trading for more than five months, announced that the company had initially decided to purchase a 100% stake in Focus.

Two years after delisting from NASDAQ, focus Media finally started the pace of returning to A-shares. Yesterday, Shenzhen small and medium-sized board listed company Hongda Xincai (002211), which was suspended for more than 5 months, announced that the company had initially decided to buy 100% stake in focus.

Source : 北京青年报
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Link : https://www.the9c.com/en-US/p/gLxIDlgN