Chinese Companies Could Be Forced to Give Up U.S. Listings Under Senate Bill

WASHINGTON—Chinese companies could be forced to give up their listings on American stock exchanges under legislation approved by the Senate on Wednesday.

The bill, which was passed unanimously, addresses investor-protection concerns that have lingered for years but gained political traction as tension between the U.S. and China grew. Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. have together raised tens of billions of dollars through listings on U.S. exchanges.

Fantastic!!!

Tcc decentralised cryptocorency

Way to go USA! Remember China needs dollars for the world does not trade in chinese currency. So if no $ investments go to fill the coffers of PPC their system will finally collapse like a house of cards.

NJdoc Now this could start A war

هذا كله عشان هواوي !! انا المفترض ما افكر ابدا بالجوالات طالما جوالي شغال فعلا !! انا متفائل بجوالي حتى خمسة سنين ثانية من العمل والتشغيل الجيد !!

Its the result of majority fools who managed to elect a President. Americans pride themselves in being intelligent, solution providers and loved by God. This is not showing when most needed.

crash China n firms won't help but prove US incompetence n weak e. g. US use all means to kill Huawei as BIG COUNTRY, simply because of its world No.1 5G + too secure to stop US spying all over the world. Why not ? US be a MAN Standing up to compete with Huawei n all others

US has no confidence in the free world, free trading n free competition. Interferencing n against the trend of the world market only leads to US more disasters If issues exist, why not resolve them via democracy routes UN WHO WTO, not via Dictatorship e US Be Confidence in US

The problem with these rather obvious attempts to cripple China financially is that it will also take out economically dependent countries like Australia. And it was a similar strategy against Japan that led to Pearl Harbor. Will history repeat?

This is all political posturing to distract from the disastrous Trump administration bungling of the COVID19 response. Who does US depend on for cheap commercial goods we all buy everyday? Who owns the most US treasuries? Who is one of the US biggest trading partners?

If US can do this to Chinese investors, other countries might have every right to worry about their investments in the US. US might not be a good place to invest unless in good diplomatic relationship. In the future, the world only trade with US, invest elsewhere.

Sell the Chinese companies

Thought this was a promo for the walking dead. What a freak

They will be kicked out if they don't comply with set rule and regulations. And why should Chinese firms operate under different rules from the rest of the world?

China even ban Google, FB & Twitter in its land. China communist should be treated worse then Iran or North Korea because CCP is a cancer to the world. China spread communist puppets around the world including USA Communist is more dangerous than coronavirus USA US

Chinese firms could be forced to give up their on U.S. stock listings, addressing investor-protection concerns that have gained traction amid growing political tensions. In turn Trump family financial interests arising from China could be in jeopardy.

This is one of the many reasons Trump will be sending love letters to China again soon.

Ahhh yes indeed

Is he dead?...he sure looks it.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Senate passes bill on oversight of Chinese companies, Alibaba shares move lowerTime to do it !! Remember luckin coffee debacle and fraud they did . Good job ! China will retaliate tonight, NASDAQ will get destroyed tomorrow.
Source: CNBC - 🏆 12. / 72 Read more »

Senate votes to boot rules-flouting Chinese companies off stock exchangesThe Senate today passed a bill that would expel Chinese companies from U.S. stock exchanges if they continue to deny inspectors access to their audits, ratcheting up the conflict between the two countries So what’s the strategy here? A few months ago Trump was praising Xi and lauding China’a supposedly great COVID response. about time......... Good!
Source: politico - 🏆 381. / 59 Read more »

Chinese Companies Must Play By American Rules Or Be Banned From U.S. Exchanges, Senate RulesThe Senate, by unanimous consent today, passed legislation that would ban many Chinese companies from listing shares on U.S. stock exchanges or raising money from American investors by skleb1234 skleb1234 Putin - Puppet master. skleb1234 Insane skleb1234 Finally working for America and the American people.
Source: Forbes - 🏆 394. / 53 Read more »

Chinese Companies Must Play By American Rules Or Be Banned From U.S. Exchanges, Senate RulesThe new bill passed by the Senate would force Chinese companies to certify that “they are not owned or controlled by a foreign government.” Kennedy have you told trump and ivanka Cold War 2
Source: Forbes - 🏆 394. / 53 Read more »

As U.S.-China tensions over coronavirus grow, Senate passes bill that hits at Chinese-owned companiesThe measure, approved by unanimous consent, would bar companies under foreign government control from appearing on U.S. stock exchanges. The problem we have been noticing concerning COVID-19 is not the virus ironically, but the disinformation of its origins & affects, since scientists and medical scholars are in bed with the elected misrepresentitives who are known liars, the public rather rely on probability In the past decades, China is targeted as both an potential enemy and ally of U.S. but it's all just the appearance. In reality these two countries are very close to each other, their next generation leaders are the same group of people, playing both sides to control the world. Hopefully, China will retaliate by striking back at realDonaldTrump's and Ivanka's companies, which would reduce the problem of grossly underpaid workers and child labor in China.
Source: Newsweek - 🏆 468. / 52 Read more »