Fang drops plan to switch listing to Shanghai
22 Feb 2017
The deal is off! Fang Holdings (NYSE: SFUN), operator of Soufun.com, a leading real estate site in China, announced on Febr. 21 that it had shelved a plan to move its listing from the NYSE to Shanghai Stock Exchange (SSE) on mainland China, where the share would most likely have been given a higher valuation by investors.