SITUATION REPORT

China: Five SOEs Delist From U.S. Exchanges as China Seeks to Mitigate Audit Risks

MIN READAug 12, 2022 | 18:39 GMT

Five Chinese state-owned enterprises (SOEs) with a combined market cap of nearly $320 billion, all of which the U.S.-China Economic and Security Review Commission deems "national-level Chinese [SOEs]," announced their plans to delist from U.S. stock exchanges, Bloomberg reported Aug. 12....

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