News Snapshot:
Lionel Bonaventure/AFP via Getty Images President Donald Trump signed legislation that paves the way to push Chinese companies off U.S. exchanges, if regulators on both sides don’t come to a compromise around longstanding audit and disclosure issues. That move was anticipated and creates questions longer-term, but big Chinese internet stocks could have bigger near-term problems—at home—as regulatory scrutiny intensifies . Larger investors have been relatively sanguine about the delisting bill, noting at least a three-year window for regulators to work out a compromise and to sort out how to implement. The legislation addresses longstanding issues related to Beijing’s refusal to...