EM – Authorities are working hard to stop the delisting of Chinese companies in the US: China’s regulator

0

Potential delisting of Chinese companies from US stock exchanges would not be good for corporations, global investors or Sino-US relations, a senior official of the Chinese Securities Commission said on Thursday.

The US authorities are moving to foreign ones Throwing companies off the American exchanges if they fail to comply with US auditing standards, rules that would affect many Chinese companies right now.

Shen Bing, director general of the international affairs division of the China Securities Regulatory Commission, said at a conference in Hong Kong that the regulator is in open communication with the US authorities to resolve the delisting threat and is working hard on it.

Keywords:

China,Delisting,Reuters,China, Delisting, Reuters,,,,Social Issues,,,,,