How the US Is Moving Closer to Delisting Chinese Firms

US de-listing of some 200 Chinese companies

Some big-name Chinese stocks are facing the prospect of getting booted from the New York Stock Exchange and Nasdaq if they refuse to let U.S. regulators see their financial audits. A revived effort by the U.S. Securities and Exchange Commission to gain access to audits of overseas companies that began under former President Donald Trump is continuing under President Joe Biden.

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