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Alibaba added: List of Chinese Firms At Risk Of Delisting
According to the HFCAA, Alibaba was added to the list of Chinese Firms at risk of delisting.
The additions include some of China’s most prominent tech companies, like e-commerce company JD.com, video platform Bilibili, e-commerce platform Pinduoduo, and electric-car maker NIO.
"an initial trading prohibition on a registrant as soon as practicable after it is conclusively identified as a Commission-Identified Issuer for three consecutive years."
The controversy between U.S. and Chinese regulators is over access to the financial records of Chinese companies listed in the United States.
From this topic, Your keytakeaways:
✅Understand the dispute between Chinese and U.S. regulators over information sharing
✅Know Why China Opposes PCAOB Regulation
✅The key words and phrases related to stock
The key point and your take-away from this case study 'Alibaba added: List of Chinese Firms At Risk Of Delisting'. Your learning combines both language skills and market knowledge.
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