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SEC Pushes Forward With Delisting Chinese Companies
On Dec. 2, the U.S. Securities and Exchange Commission (SEC) announced its final plan on implementing a new law that requires foreign companies to observe U.S. accounting rules and comply with information requests made by...
Hundreds of Chinese Companies Might Soon be Delisted From American Stock Exchanges
Chinese firms have long secured funding from American capital markets without proper checks and balances. Such activities are heading towards their end as the U.S. implements new rules to hold foreign companies, raising capital from...