Yatsen Holding falls on non-compliance notice from NYSE

Yatsen Holding

12/04/2022 16:15

** American depositary shares (ADSs) of Chinese cosmetics co
 YSG.N  down 1.5% at $0.73    
    ** Co says it received non-compliance letter from the New
York Stock Exchange because the average closing price of its
ADSs has been below $1 for 30 consecutive sessions
    ** YSG has six months to boost its share price to regain
compliance with the exchange's rules
    ** Co has lost nearly two-thirds of its market value so far
this year


 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))