China HGS Real Estate regains compliance with Nasdaq

China HGS Real Estate announced that the company has received a letter dated November 20 from The NASDAQ Stock Market notifying the company that it has regained compliance with the minimum bid price of $1.00 per share requirement for continued listing set forth in NASDAQ Listing Rule 5450(a)(1), as its common stock has achieved a closing bid price of $1.00 or more for 14 consecutive business days from October 31 to November 19.