A rising number of Chinese companies listed on Wall Street are under pressure to be cut off from U.S. capital markets due to poor performance and non-compliance with listing standards. Beijing-based MMTec, Inc. announced on Jan. 28 that it got notification from Nasdaq’s Listings Qualifications Department as its common stock had been trading below $1 for 30 consecutive business days. The company was granted 180 days to revert to the minimum bid price requirement. China Finance Online Co. was delisted from Nasdaq on Jan. 21 as it was failing to meet the minimum $2.5 million shareholder equity requirement. Nasdaq initially notified China Finance of the non-compliance in May 2021, and provided an extra grace period until Jan. 14 to comply. Now, its shares can only be traded through over-the-counter (OTC), a market devoid of large financial institutions, substantial liquidity, and the ability for sellers to find a buyer fast without losing …