Are these questions only for foreign companies or do they also apply to US corporations?
SEC adds Tencent, JD.com, China Mobile to group facing potential delisting
More Chinese tech companies including Tencent, JD.com, and China Mobile face delisting by the US Securities and Exchange Commission (SEC) thanks to opaque disclosures. Tencent-affiliated gaming outfits Huya and Douyu, internet datacenter services provider Vnet Group, and online game services provider NetEase were among more …
COMMENTS
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Friday 6th May 2022 04:56 GMT Yet Another Anonymous coward
Re: Just foreign
This is purely an altruistic move by a benevolent US government. China is never going to become a superpower while it is dependent on the US capital markets and so it really needs to be forced to stand on its own two feet. Really it's for its own good.
Rather like how we encouraged the colonies to have a go at organizing their own government. We can only hope that this time it works rather better
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