Countdown Starts on Chinese Company Delistings After Long U.S.-China Audit Fight

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U.S. regulators start a three-year countdown that would force many Chinese companies to leave American stock exchanges after a long U.S.-China audit fight

U.S. securities regulators have started a countdown that will force many Chinese companies, after a long impasse between Washington and Beijing over access to the companies’ audit records.

The action will accelerate the decoupling of the world’s two largest economies and affect investors that own securities in more than 200 U.S.-listed Chinese companies with a combined market value of roughly $2 trillion.

 

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Good decision. All of China companies shall back to Shanghai, Hongkong, Shenzhen, and the coming Beijing stock. Milk US capitalists with Chinese blood which is not acceptable to all Chinese.

Good

Nice

I don't think Trump would be happy with this

Good

I don’t trust Chinese accounting. Been there many times, seen it. Bring in the big CPA firms and I’d be more inclined.

US🇺🇸regulators are link to US🇺🇸gov. agenda in evident terms.

Hm this is an old news.

A_Tevaseu Coming from WSJ….BABA in the middle of the price channel….it’s probably a buy signal.

That might be counter productive, US tends to push away countries they can't control.

China has already did this decoupling. We will see what happens next, for me I am happy that Chinese companies are getting listed near home and I could invest in local currency instead of USD.

Good. American small investors lose out.

Los reguladores de EE. UU. Inician una cuenta regresiva de tres años que obligaría a muchas empresas chinas a abandonar las bolsas de valores estadounidenses después de una larga lucha de auditoría entre EE. UU. Y China.

Somehow, some way, we’ll cave.

No te entiendo español Argentina castellano

No me lo podrías escribir en castellano no te entiendo nada perdona

US HITS REALLY HARD ON CCP

this is terrible news

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