) are among them. New York-listed Alibaba said last week it would convert its Hong Kong secondary listing into a dual primary listing which analysts said could ease the way for the Chinese e-commerce giant to switch primary listing venues in the future.
Spokespeople for NYSE and the Public Company Accounting Oversight Board , the audit watchdog overseen by the SEC, declined to comment.It was unclear what if any implications the delistings had for the audit deal negotiations. Last month, Reuters reported that de-listing sensitive companies will not bring China into compliance with U.S. rules because the PCAOB must be able to conduct inspections retrospectively.
PetroChina said it had never raised follow-on capital from its U.S. listing and its Hong Kong and Shanghai bases"can satisfy the company’s fundraising requirements." "These companies are very thinly traded with very small US market cap so it is not a loss for US capital markets," Brendan Ahern, CIO of KraneShares, which has a New York-listed fund focused on Chinese tech, wrote in an email.
Oh no, oh no, oh no no no no...
Which ones ?
Which ones?
F China
What happens to the Stock holders? How to recover the money except selling before delisting? Thank for any advice
The real question is why were they allowed to stay listed for so long? The NYSE has a lot to answer for as well.
Slow news.
El mercado siempre tirándose un tiro en el pie
This is a headline every week. News source that cried wolf.
They are all lying, so, why did we let them in the first place?
Every Chinese companies can be viewed as state-controlled, as long as the company oweners are in china
只是正常交替，无需在意，何必夸大其词
Great news, best delist all the shoddy chinese companies with accounts book cooking.
Badnews.. Markets already to dump⬇️
Bad or good for the markets? Or negligible?
Oh shiit... 😁
Don't go now, can't go away
Why is everybodyy keeping this a secret?