XFML on NASDAQ

Xinhua Finance Media

Chinese media company

Xinhua Sports & Entertainment Limited (XSEL) was a Chinese media company which was delisted in 2011, as well as the arrest of top management of the firm. The company was known as Xinhua Finance Media Limited until 2009. In 2007 the state-owned enterprise Xinhua News Agency even declared that they have no relation with XSEL's parent company Xinhua Finance.2 Its shares trade on NASDAQ under the symbol XFML.1 It ceased to exist in 2010.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Nov 2005Founded1

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Xinhua Sports & Entertainment Limited (XSEL) was a Chinese media company which was delisted in 2011, as well as the arrest of top management of the firm. The company was known as Xinhua Finance Media Limited until 2009.2

The story

Xinhua Finance Media Limited was incorporated in the Cayman Islands on 7 November 2005. The company was listed in NASDAQ in March 2007.

On March 2, 2009, Xinhua Finance Media has changed its name to "Xinhua Sports & Entertainment Limited" (XSEL).

In 2011, follow the exposure of the real financial condition of the company which ended as liquidation, Lynn Tilton sued former friend and CEO of XSEL, Fredy Bush, for fraud.

From Wikipedia’s article on Xinhua Sports & Entertainment, shared under CC BY-SA 4.0.3

Timeline

  1. 2010Dissolved Dissolved1
  2. Mar 2007Went public Listed on NASDAQ1
  3. Nov 2005Founded Founded1

Sources

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