China Regulator Says Authorities Working Hard to Stop U.S. Delistings of Chinese Firms Investing News US News


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FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang Reuters HONG KONG (Reuters) - Potential delistings of Chinese companies from U.S. stock exchanges would not be good for companies, global investors or Sino-U.S. relations, an executive at China's securities regulator said on Thursday. U.S. authorities are moving towards kicking foreign companies off American stock exchanges if they do not comply with U.S. auditing standards, rules which at present would affect many Chinese companies. Shen Bing, director general of the China Securities Regulatory...