FangDD Regains Nasdaq Compliance

FangDD Network Group Ltd. announced restoration of compliance with the minimum closing bid price requirement for continued listing on the Nasdaq Stock Market in June, following a warning dating back to December 2024.

On June 24, 2025, Fangdd published a press release confirming receipt of written notice from Nasdaq stating the company had regained compliance with the minimum closing bid price requirement, which stands at USD 1.00 per share.

The company was previously notified on December 24, 2024 that it was not in compliance with this requirement. At that time, FangDD’s Class A ordinary shares had closed below $1.00 per share for 30 consecutive business days, triggering a deficiency notice from Nasdaq, which requires listed companies to maintain a minimum bid price of $1.00 per share. Continued non-compliance for 30 consecutive business days initiates a formal notification process.

FangDD was granted a period of 180 calendar days, ending June 23, 2025, to regain compliance. The company’s share price subsequently met the minimum bid price threshold as of June 23, 2025, thereby resolving the deficiency.

FangDD has struggled with low share prices and briefly regained compliance in October 2024 after being similarly warned in September.

The company withdrew a patent purchase worth circa $35 million in January 2025 as the firm tackled its struggling share prices.

FangDD is one of several Chinese real estate portal operators to have struggled amid awful economic conditions following the 2020 Covid-19 pandemic, which originated in Wuhan, China and obliterated the market for several years.

The company has historically connected agents, sellers and buyers via its marketplaces, earning commissions as well as monetising agent services.

FangDD's most recent financial filings last September showed the company's half-year revenues fell by 80% between 2021 and 2024. However, the portal operator had scraped a marginal net profit for the first half of the financial year despite continued revenue decreases.

The company saw share prices jump 80% in March 2024 when it outlined a new strategy focusing on real estate asset services (as opposed to transactions) by launching a suite of SaaS tools to generate recurring revenues from agent subscriptions. However, the bounce was short-lived, and share prices dipped below the required threshold within a few months.

As of July 15, 2025, FangDD shares are trading at approximately  $2.23 per share.