Delisting Risk for U.S.-Listed Chinese Stocks Nearly Halves After Regulators Reach Audit Agreement, Goldman Says – NBC Connecticut


Source: nbcconnecticut.com nbcconnecticut.com

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- The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday that both sides signed an agreement for cooperation on inspecting the audit work papers of U.S.- listed Chinese companies. - The Goldman Sachs analysts said Monday their model "suggests that the market may be pricing in around 50% probability" that Chinese companies could be delisted from the U.S. - That's down from 95% in mid-March — the highest on record going back to January 2020. BEIJING — The risk of Chinese stocks delisting from U.S. exchanges has nearly halved after regulators reached an audit agreement,...