TOM delisted online
TOM Online officially revoked its listing status on the GEM of the Hong Kong Stock Exchange at 9:30 am today (September 3) and delisted from the Hong Kong Stock Exchange.
The announcement announced that TOM Online will delist from NASDAQ in the United States on Thursday, September 6, New York time.
It is said that the main reason is that TOM Online's performance has declined for 14 consecutive months due to the impact of China Mobile's regulatory policies.
It seems that a random sneeze from China Mobile can shock several Internet "NB" companies to death.
Tom was the first, but not the last.
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