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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

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.

Source: News Formal (newsformal.com)

 

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

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

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:

 /  🏆 98. in US

United States Latest News, United States Headlines

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

China power crunch slams factories as coal lobby warns woes could stay until winterSmall firms caught in China's prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about stockpiles ahead of winter and manufacturing shrank in the world's no. 2 economy. The energy transition to renewablse is going be a lot bumpier and take longer than many people realise
Source: Reuters - 🏆 2. / 97 Read more »

China 'wantonly engaged in military aggression,' Taiwan premier warns amid record incursionsTaiwan reported that 38 Chinese aircraft entered the island's air defense identification zone Friday, the largest daily Chinese incursion into the area. Taiwan need nuclear weapons as a deterrent to Chinese communist government aggression
Source: Newsweek - 🏆 468. / 52 Read more »

China Unable To Recruit Hackers Fast Enough To Keep Up With Vulnerabilities In U.S. Security SystemsBEIJING—Despite devoting countless resources toward rectifying the issue, Chinese government officials announced Monday that the country has struggled to recruit hackers fast enough to keep pace with vulnerabilities in U.S. security systems. “With new weaknesses in U.S. networks popping up every day, we simply don’t… For our next show, bittner? We do this to ourselves China doesn’t need to do anything I love you guys.
Source: TheOnion - 🏆 724. / 51 Read more »

Gen. Milley says he wasn't trying to undermine Trump in China callGen. Mark Milley defends calls he made to a Chinese official at the end of Donald Trump's presidency, saying other admin. officials were aware of the calls and they were not intended to 'usurp authority.' ICYMI NoOneUnscripted Really? If the calls were made in the terms made public, they constitute treason in any Military Code. It is imperative to obtain recordings from Intelligence. Not a priority for the present Administration.
Source: NBCNews - 🏆 10. / 86 Read more »

China anti-graft watchdog probes former justice ministerChina's top anti-corruption watchdog said on Saturday it is investigating a former justice minister, Fu Zhenghua, for suspected serious violations of discipline and national laws. The ForeverPurge
Source: Reuters - 🏆 2. / 97 Read more »

China Box Office: ‘Battle at Lake Changjin’ Gets Underway With $235M OpeningThe Chinese war epic is projected to finish its run with over $700 million. shansteveng real box office monsters Woah! this is a propaganda movie about Korea War
Source: THR - 🏆 411. / 53 Read more »