About 60% of Chinese companies listed on the US stock market have been flagged for potential removal. . Photo: Reuters.
About 150 Chinese companies, including online search provider Baidu, are likely to be delisted from the US stock markets over auditing issues, with some US lawmakers pushing for their delisting as early as by next year, Nikkei reported.
Chinese car-hailing service Didi Global voluntarily exited the NYSE on Friday, the report said, adding that Beijing has been asking firms that handle sensitive data, such as Didi, to leave the US stock market.
Read the full report: Nikkei Asia.
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