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Five Chinese Companies Leave NY Stock Exchange — Here’s Why More Could Follow

Summary by Ground News
Five state-owned Chinese companies have chosen to delist from the New York Stock Exchange. The news comes after all five were flagged by the US Securities and Exchange Commission in May. The commission can kick companies off the stock exchange if they fail to allow US watchdogs to inspect their financial audits. China has for years rejected US audits of its firms.

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  • 40% of the sources are Center, 40% of the sources lean Right
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The Daily Caller broke the news in Washington, United States on Friday, August 12, 2022.
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