Kuke Music Reinstated to NYSE Compliance

Kuke Music Holding (KUKE) has released an update.

Kuke Music Holding Limited has successfully regained compliance with the NYSE’s continued listing standards after previously falling below the required market capitalization and shareholders’ equity thresholds. The company’s American depositary shares will no longer carry the below compliance indicator, and Kuke will undergo a 12-month period of monitoring to ensure ongoing compliance. Kuke Music, a leader in classical music services in China, has a robust library through a partnership with Naxos and provides music subscription services as well as smart music learning solutions.

For further insights into KUKE stock, check out TipRanks’ Stock Analysis page.