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[TXSE Anticipates 35% Of Current US Listings Would Not Meet Its Standards] James Lee, CEO Of The Proposed Texas Stock Exchange (TXSE), Stated That Up To 35% Of The 4,600 Companies Currently Listed On U.S. Exchanges Would Not Meet The New Exchange's Listing Standards, Including Certain Chinese-based Companies. The TXSE, Which Plans To Launch In The Second Half Of 2025 Pending Regulatory Approval, Anticipates Its New Listings Will Mainly Be Smaller And Mid-cap Companies.
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