The U.S. Securities and Exchange Commission (SEC) on May 4 added over 80 companies to its list of entities that face possible expulsion from American exchanges. Among those listed are some of China’s most prominent tech companies, such as e-commerce company JD.com, agriculture-focused e-commerce platform Pinduoduo Inc., video-sharing platform Bilibili, and internet technology company NetEase…
SEC Lists Over 80 Companies That Could Be Booted From US Exchanges
The U.S. Securities and Exchange Commission (SEC) on May 4 added more than 80 companies to its list of entities that face possible expulsion from U.S. exchanges. Among those listed are some of China’s most prominent tech companies, such as e-commerce company JD.com, agriculture-focused e-commerce platform Pinduoduo Inc., video-sharing platform Bilibili, and internet technology company…
Why Chinese Companies Are Delisting in America
March 21, 2022
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American exchangesBusiness & EconomyBusiness ColumnistsChinese firmsdelistingOpinionThinking About China
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Commentary Chinese firms are delisting from American exchanges at an increasing pace. It is a complete reversal of a trajectory that up until recently saw China-based firms flocking to list their shares in the United States, Hong Kong, and elsewhere, both to raise their global profiles and to enlarge their sources of funding. The new…
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