Capital Markets

About 150 China Stocks Close to Being Delisted in US – Nikkei

 

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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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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