Quhuo Limited American Depository Shares (QH)

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Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to Stocktwits, a social platform for investors and traders.

BEIJING, May 19, 2022 (GLOBE NEWSWIRE) -- Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading gig economy platform from China, today announced that it received a notification letter dated May 18, 2022 (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”), indicating that the Company is no longer in compliance with the Nasdaq Listing Rules since the Company has not yet filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Form 20-F”). Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports.

Quhuo Limited (QH) has been struggling lately, but the selling pressure may be coming to an end soon.