NEW YORK (Nov. 27, 2002) — China Enterprises Ltd.'s common shares are now available by over-the-counter trading under the symbol CSHEF, the company said.
The new listing follows the New York Stock Exchange's suspending the company's NYSE listing Sept. 27, saying the Chinese company's stock failed to meet the NYSE´s continuing listing standards. China Enterprises – formerly China Tire Holdings — has requested a review of the NYSE´s decision according to NYSE appeal procedures.
China Enterprises is a holding company for a number of Sino-foreign equity joint-venture enterprises, which manufacture and market tires in China and other countries abroad.
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