US accounting regulators have arrived in Beijing in a bid to resolve the long dispute over the auditing of Chinese companies listed on US stock exchanges, people familiar with the matter said
New York-listed Chinese real estate firm said it will start trading its stock on the Hong Kong exchange on May 11
E-commerce giants Alibaba, JD.com, and Meituan all closed up more than 15% while the Hang Seng Tech index climbed more than 10%.
The additions come as China’s securities watchdog said it has been in regular talks with US regulators over the ongoing Chinese stocks delisting audit stand-off and expects a deal soon.
Chinese oil giant CNOOC said on Monday it will raise 28.08 billion yuan ($4.4 billion) in a listing in Shanghai, after setting the price for what will be the mainland 11th-biggest public stock offering
Tech shares surge after claims that Beijing will make concessions on auditing issues, while China shares ended higher on stimulus hopes
A meeting chaired by China's top economic official said there was positive progress on the issue of Chinese companies being delisted from US exchanges.
25 Chinese companies working in education, financial services, media and technology are trading close to $1 per share or lower, and face automatic delisting from US exchanges within six months, an Asia Financial analysis shows.
Some 248 Chinese companies listed on US exchanges will be forced to delist by 2024 if they fail to fall into line with US audit norms. Here’s how it will impact US investors.
Stay, swap or shed – that’s the dilemma facing investors holding billions of dollars worth of equity in Chinese firms listed in the States