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flag Two Chinese firms on Nasdaq face delisting: MingZhu for low stock price, Luokung for non-compliance.

flag MingZhu Logistics Holdings Limited and Luokung Technology Corp., both Chinese companies listed on Nasdaq, have received delisting notices. flag MingZhu’s stock fell below $1 per share for 30 consecutive days, while Luokung failed to provide a definitive plan to meet listing requirements. flag Both companies have the option to appeal the decision, with MingZhu also considering a reverse stock split to regain compliance.

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