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JD, Pinduoduo Among 80 Chinese Companies Added To US Delisting List · TechNode | FUTHN

May 5, 2022
Source: futhn.com futhn.com
News Snapshot:
The US Securities and Exchange Commission (SEC) continued to expand its provisional delisting list targeting Chinese companies on Wednesday. More than 80 US-listed Chinese tech firms, including prominent names such as JD, Pinduoduo, Bilibili, and NetEase, have been added to the list. These companies face possible expulsion from US exchanges for failing to provide evidence of their financial audits and disclose whether or not they are owned or controlled by a government entity. The US regulator has added close to 130 companies to the delisting list, identified under the Holding Foreign Companies Accountable Act in the US. That’s more than...
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China Tech Buzz Topics: Bilibili | Chinese | commission | delisting | finance | financial | government | JD | NetEase | online shopping | Pinduoduo | SEC | Securities and Exchange Commission | stock | stock market | technology

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