US listing ban on Luokung lifted after judge's decision

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Nasdaq Inc has withdrawn a decision to delist the shares of Luokung Technology Corp, the Chinese mapping technology company said on Thursday, ...

WASHINGTON: Nasdaq has withdrawn a decision to delist the shares of Luokung Technology Corp, the Chinese mapping technology company said on Thursday , after a US judge suspended an imminent investment ban imposed under the Trump administration.

Luokung is the second company on a US list of alleged Communist Chinese military companies subject to an investment ban to win a preliminary injunction halting the designation.

 

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