Iconic kitchen brand Tupperware could wind up operations anytime as the company tries to resolve a liquidity crunch, sending shares crashing. Tupperware has determined that “a violation of its credit agreement covenants is probable to occur as a result of forecasted non-compliance with financial covenants and the company’s delay in filing its Form 10-K, as…
US-China Tech Decoupling Underway
December 21, 2022
admin
Business & MarketsBusiness ColumnistsChinadelistingOpiniontech decouplingThinking About ChinaU.S. chip
0 Comment
Commentary On Dec. 12, Beijing filed a WTO complaint against the United States, protesting the U.S.-China chip ban. China’s minister of commerce said he brought the case to the World Trade Organization to defend China’s “legitimate rights and interests.” Apart from U.S. restrictions on the sale of chips, the Chinese tech sector is trending downward due to…
Chinese Companies Submit to US Audit Watchdog Inspection, Avert Delisting Threat for Now
December 16, 2022
admin
Asia & Pacificaudit watchdogBusiness & MarketsChinese CompaniesCompaniesdelistingeconomic policieseconomyMarketsPolicies & ImpactsUSWorld
0 Comment
The Public Company Accounting Oversight Board (PCAOB), accounting watchdog in the United States, has received full access to inspect and investigate companies operating in China for the first-ever time. The PCAOB is also tasked with overseeing registered public accounting firms worldwide. The PCAOB had the sole discretion to select which firms to audit, the potential…
Beijing Can No Longer Skirt the SEC Regulations
December 2, 2022
admin
Business & MarketsBusiness ColumnistsChinaChinese CompaniesdelistingOpinionThinking About ChinaU.S. Securities and Exchange Commission
0 Comment
Commentary The days of a double standard for China are ending. Chinese companies will no longer be able to skirt Securities and Exchange Commission (SEC) audit rules and take advantage of American investors. There are over 250 Chinese companies listed on U.S. securities exchanges, with a combined value of over $1 trillion. They have been…
Beijing May Not Comply With Audit Rules for US-Listed Firms
Commentary Five Chinese companies listed on U.S. stock exchanges said on Aug. 15 that they would voluntarily delist. The companies included Sinopec, China Life Insurance, Aluminium Corporation of China, PetroChina, as well as Sinopec entity Sinopec Shanghai Petrochemical Co. All of these companies were targeted by U.S. regulators for possible delisting as a result of…
China Concepts Stock Driven to Desperate Situation by the Chinese Communist Party
June 28, 2022
admin
ChinaChina Business & EconomyChina Concept StocksChina Securities Regulatory Commission (CSRC)Chinese Regimedelisting
0 Comment
The American dream of Chinese business owners was shattered when more than 200 China Concepts Stock left the United States, the world’s largest capital market, due to China’s rejection of U.S. regulatory requirements as well as the U.S.-China geopolitical tension. June 10 was the last day Didi Global (DIDI) was listed on the New York…
China Concepts Stock in Desperate Situation Amid Rising Geopolitical Tensions
June 28, 2022
admin
ChinaChina Business & EconomyChina Concept StocksChina Securities Regulatory Commission (CSRC)Chinese Regimedelisting
0 Comment
News Analysis The American dream of Chinese business owners was shattered when more than 200 China Concepts Stock left the United States, the world’s largest capital market, due to China’s rejection of U.S. regulatory requirements as well as the U.S.-China geopolitical tensions. June 10 was the last day Didi Global (DIDI) was listed on the…
Chinese Stocks Face Massive Delisting As US Fortifies Investor Protection
News Analysis Once upon a time, Chinese stocks enjoyed a certain privilege in the United States, a getaway from the scrutiny of the Public Company Accounting Oversight Board (PCAOB), which all foreign companies listed in the United States need to undergo. Now, the chair of the U.S. Securities and Exchange Commission (SEC) is adamant that Chinese…
Capitol Report (April 22): D.C. On Edge After Shooting in Broad Daylight
April 22, 2022
admin
AmazonCapitol Reportclimate changedelistingdrug traffickingEarth DayHonduraslockdownsMarjorie Taylor GreeneNews VideosStarbucksunionizationUSUS News
0 Comment
Rep. Marjorie Taylor Greene (R-Ga.) is testifying in court. When asked if Joe Biden lost the presidential election, she said, “Well, yes.” As pandemic-related restrictions continue to be rolled back, the aftermath of lockdowns is starting to show. We take a look at some of the collateral damage and speak to psychiatrist Carole Lieberman to…
Weibo Becomes China’s Sixth Company Flagged by SEC for Potential Delisting
March 28, 2022
admin
Business & EconomyChinaChina Business & EconomyCompaniesdelistingHFCAAMedia & Big TechPCAOBUSUS-China relationsWeibo
0 Comment
Nasdaq-listed Weibo became the sixth Chinese company flagged by the Securities and Exchange Commission (SEC) for possible delisting from the U.S. market. Weibo, the Twitter equivalent in China, Nasdaq.com reported on March 24, will “evaluate all strategic options.” The SEC seems to have accelerated the implementation of a 2020 law banning foreign companies from U.S….
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`