U.S.-Listed Chinese Companies Worth $1.1 Trillion Face Risk Of Delisting

  • 📰 Forbes
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The window for regulators in China and the U.S. to resolve their auditing dispute is closing–threatening nearly $1.1 trillion worth of U.S.-listed Chinese stocks

Analysts say more than 200 Chinese companies listed in the U.S. are at risk of getting delisted eventually, and the the room for future negotiation appears to be rather limited.that it “opposes the politicization of securities regulation,” but it is willing to continue to communicate with U.S. regulators to resolve the dispute.

SEC Chairman Gary Gensler had earlier pointed out if companies are going to issue public securities in the U.S., then their books have to be subject to inspection. He said more than 50 foreign jurisdictions have worked with the PCAOB to allow such inspections, only two historically have not: China and Hong Kong.

“They are competitors,” says Joseph Fan, an emeritus professor at the business school of the Chinese University of Hong Kong. “Neither government can be neutral enough to solve economic issues.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Support China's complete disconnection from the US capital market,When China fights with the United States, it will confiscate Chinese property. All US Treasuries should be sold now.Don't have any illusions about the shameless United States.They are just some robbers, brazen.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Moderna CEO to Get Almost $1 Billion if Company Is Bought OutThe number is a far cry from Stephane Bancel’s original “golden parachute” of $9.4 million.
Source: thedailybeast - 🏆 307. / 63 Read more »