A number of China’s biggest state-owned companies have announced plans to delist from U.S. stock exchanges after the Securities and Exchange Commission (SEC) warned that hundreds were at risk of getting kicked off for possible non-compliance with audit rules. In separate filings on the Hong Kong stock exchange where their shares are also listed, Aluminum…
Will Chinese Firms in America Agree to Follow US Laws?
Commentary The United States has the most open capital markets in the world where firms come to raise capital. The one clear requirement is that firms follow the laws, rules, and regulations on U.S. securities and finance. Beijing is fighting to see if its firms raising capital in the United States can avoid this basic…
Why Chinese Companies Are Delisting in America
March 21, 2022
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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…
Share Price Drops Lower the Hang Seng Index, China Inflation Data Sparks Economy-Slowdown Worries
Shares of Alibaba Group Holding Limited, Baidu Inc., JD.Com Inc., Li Auto Inc., and Xpeng Inc. fell in Hong Kong on Wednesday, while Tencent Holdings Inc. traded higher. What’s Moving Chinese e-commerce giant Alibaba’s shares traded 0.5 percent lower at HKD 156.40 ($20) in Hong Kong, while e-commerce company JD.Com’s shares fell 1.5 percent to…
6 U.S. Companies Owned by China That You Didn’t Know About
Maybe you haven’t heard, but some of the most iconic American brands are actually owned by Chinese firms. And some of these Chinese firms are linked to the Chinese regime or serve its strategic goals. In this special episode, we look at six American companies whose ownership has sparked controversy. The Chinese Communist Party’s fingerprints…
Biden Is Right to Curb US Investment in China’s High-Tech Spying and Repression
Commentary American investors will have to tread carefully in considering Chinese companies for their portfolios. On June 3, President Biden signed an Executive Order expanding Trump era restrictions on U.S. capital from resourcing Chinese companies, including subsidiaries, that form part of China’s military-industrial complex. This is as much a religious freedom and human rights sanction…
Biden Orders Ban on 59 Chinese Defense and Tech Firms
WASHINGTON—President Joe Biden signed an executive order on June 3, amending a Trump-era ban that prohibited American investors from investing in Chinese military companies. The new order expands the previous prohibition list by adding more Chinese defense and surveillance technology companies. The order also moves the authority of selecting targeted companies to the Treasury Department…
New York Stock Exchange Reverses Course Again, Will Delist 3 Chinese Telecom Firms After All
January 6, 2021
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ChinaChina Business & EconomyChina MobileChina-US NewsChinese firmsdelisteconomyNew York Stock ExchangeUS
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The New York Stock Exchange said on Jan. 6 that it will delist three Chinese telecom companies beginning on Jan. 11, in another U-turn a day after U.S. Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with its earlier decision to reverse the delistings. The latest move marks the third about-turn, amid confusion…
NY Stock Exchange Reverses Course Again, Will Delist Three Chinese Telecom Firms After All
The New York Stock Exchange said on Jan. 6 that it will delist three Chinese telecom companies beginning on Jan. 11, in another U-turn a day after U.S. Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with its earlier decision to reverse the delistings. The latest move marks the third about-turn, amid confusion over rules…
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