Only the group with the highest sensitivity of data would be delisted under Beijing's proposal. File photo: New York Stock Exchange
China plans to comply to an extent with US public company rules so some of its firms won’t be delisted from the New York and Nasdaq stock exchanges, the Financial Times reported.
A system of three groups will be prepared and submitted to Washington, organised by the sensitivity of the companies’ data, the FT said. Only the group with the highest sensitivity of data would be removed from US listings under Beijing’s proposal.
Read the full report: Financial Times
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