The Great Delisting!

The Great Delisting could be coming… and not just because of China. Last week, the SEC finalized rules to forcibly delist foreign companies that don’t follow auditing requirements. The goal: Avoid situations like Luckin’s fake earnings.. Meanwhile, Beijing is tightening data-privacy regulations that’ll make it harder for Chinese companies to list on foreign markets. Escalating US-China tensions could mean a wave of Chinese tech companies leaving US markets — which could hurt both American and Chinese investors.

Contributor: Robinhood

Published by thetimessite

I’m the founder of Enjoy Weekend Guide. Running multiple businesses has its challenges, yet I love it. I’m also the CEO/Founder of Mountain Creek Coffee, family- owned business. So just a little about me and my endeavors that keep me busy.

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