Lawmakers push ahead on a bill to delist Chinese companies

Lawmakers push ahead on a bill to delist Chinese companies

In May, the Senate unanimously approved a bill to delist Chinese companies listed on U.S. exchanges unless they open up their books. The bill has made its way to the House but has languished in recent weeks. President Trump has offered supportive words and instructed his top economic officials to “study the differing practices of […]
Senate moves to delist Chinese companies from US stock exchanges

Senate moves to delist Chinese companies from US stock exchanges

The Senate passed a bill by unanimous consent on Wednesday to take on Chinese companies listed on U.S. exchanges. The legislation would require the companies to submit to a range of stringent provisions to avoid being booted. First, they must disclose whether they are...